I have taken the time to read the past few Financial Reports for Iteris before jumping in and doing my own secondary research.
I can definitely see a lot of potential for the work they are doing. They are OEM on a couple vehicles (Infinity Brand), and have shown good high-level educated stewardship. I have read many financial statements in my life and I feel they these guys are straight shooters and have a good product and service on their hands.
This industry is very much on the rise, coupled with energy conservation, traffic congestion, increasingly complicated traffic channels and needed products on vehicles.
I am now official part-owner of Iteris Inc. and feel proud to be part of such a team!
i have been trading iti for over 2 years 500 to 2000 shares at a time. But conscider my self a long timer on this one. and have been vary happy.
the only concern i have is i believe they have whats called a poision pill weaved in to the bylaws which would make it very hard for this company to be bought out. I forgot what it is now but did not sound good.