Robert McWhirter
Grey Island Systems Intl
GIS-X
COMMENT
Mar 11, 2009
System is basically used to see when is the next bus arriving. Significant amount of cash and a pretty visible backlog. Pretty good opportunity for the company.
Had a run up from $.20 to $.40 followed by another one to $.60 with good volume, so obviously there is some good news. He sees the qualities starting to improve.
(Market Call Minute.) Very speculative. California contract of $15 million in Orange county was expected but hasn't been delivered yet. Hoping that they will be awarded by the end of June.