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Advanced Gravis is a Canadian company that makes Joysticks and soundcards for computers. They produce state-of-the-art products and have been around for 10 years. Recently the company underwent restructuring with the hiring of K. Michael Cooper, President and CEO. The company has revenues of ~$44 million per annum, but recently has not had earnings. However, the company has a patent pending on the GrIP, the only Windows95 compatible Joystick. In addition, the company has recently launched the Plug & Play Sound card which is bundled with a telephone-link for on-line telephone conversations, as well as other peripherals. The company has 18 million shares outstanding and is trding at ~$.80-.85 can. My sources tell me that Gravis is ripe for trading between $2.00-$3.00/share. |