I as long time self-employed software developer, I believe this company is going to be a good investment. Why?
They made a profit this quarter, even though revenues were lower than expected.
They have established a positive brand name and reputation (nice long list of customers)
BSQUARE completed 20 service engagements as compared to 11 in the third quarter. This is going to be a good source of cash.
Software gross margin was 24% for the quarter, compared to 20% and 21% for the fourth quarter of 2003. A good thing !
At a capitalization of about 26 million, if a larger software house wants to break into the embedded world, this would be a good takeover target. With a fully established product and a growing consulting business, it would be cheaper to buy BSQR for 40 - 50 million than to start from scratch.
With the expontential explosion in devices which run embedded software, this is the place to be.
Yes Sir Ido agree. I have done my DD and all of my indicators,niche markets, tech,all converge int one perfect place. Right here. I am buying all I can I amsure this is the place to be. long and getting longer. I don't trade .50 cent moves. I amlooking to make a bunchof money on this one