Chris Gardner will be speaking at the Signal Hill Technology Conference. "Navigating Through the Cloud". to be held on Wednesday, March 9, 2011.
The Signal Hill website Has Gardner going on between 8:30-8:55 AM.
There is a webcast connection on the Vitesse website. Under the "financial events" tab in the "investors" section of the website.
One of the Moderators running the show is Sandy Harrison, who routinely calls in on many of the Vitesse conference calls.
Posted by christ3opher - 16 years ago | Updated 16 years ago
Thanks for the update, Chris.
I will be sure to turn the volume down on my favorite morning show, The Three Stogies, so that I can hang on every word that the CEO from one of the world's greatest semi companies has to say about the subject matter . . . PASS!
Posted by G - 16 years ago
Actually G! you probably should pull-up a chair and enjoy the show; CRG takes back seat to very few in such forums! the man is truly a top notch ENGINEER, we should feel lucky to have him.
Very few among us are blessed with Newt like qualities, CRG in my unqualified opinion lacks that blessing; Toss him in a room with silicon and he turns into the INCREDIBLE HULK!!!
PEACE
Posted by GARIF - 16 years ago
Too bad he's performed like "The Incredible Dork"
Posted by nuzz - 16 years ago
That's a nice chuckle to start the morning Nuzz...thanks.
Vitesse has to convince new players that the company isn't a sucker bet. There are a couple of decent items CRG can bring up, 1st being the Nas re-lsting and then the WB refinance on the debt (which oddly didn't require millions of $$$'s or a lot of hard work' by the BOD, unlike the last one)...... the rest will be fluff. We all want the share price to go up.
Posted by altrfan - 16 years ago | Updated 16 years ago
Some interesting comments by FNSR out with earnings yesterday and stock is down 38% today.
FNSR has "seen the dramatice reduction in orders in China for a couple of months and weren't sure when it would ease." Weakness was with multiple customers.
FNSR sells into the telecommunications market. The stock has been more than a darling with revenue 50%+ y/y.
Posted by dlog - 16 years ago
Listened to the call earlier today. Gardner went into some of what cloud computing is all about. He then went on to speak about how every electrical device in ones house will be using a Vitesse chip to connect that device to the "new" and evolving Smart grid which will soon become a reality everywhere. Yonker was also on the call. He actually spoke for approximately 1/2 the 25 minutes which was allotted for Vitesse and sounded like he had maybe rehearsed a little before the call started. Much better than the previous time he spoke.
Posted by christ3opher - 16 years ago
Interesting on FNSR share price drop.....the news that China is slow has been out there for months, so I don't see why that should be surprising. Don't know how FNSR accounts for revenues (sell in/thru models) but VTSS has the best method. Thanks for tip Dlog.
I had forgotten how lousy RY was in his last appearance (which in truth reflected his over all job performance) so he had nowhere to go but up. RY and CRG are doing their best to whitewash the last few years, and did a pretty good job of it yesterday.....I actually laughed out loud when RY was able to state with what I presume was a straight face that investors should consider Vitesse as a value play against competitors......as if the actions of he, CRG and the worthless BOD didn't have anything to do with the share price being where it is.
I guess they want folks to think (they really don't have much choice) they were all innocent bystanders while close to $90 million was spent on pointless accounting, wasted R&D and penalties to unhappy bondholders.
But they have a laser sharp focus now!
Posted by altrfan - 16 years ago | Updated 16 years ago
Apparently Mr. Market did not get much of a "woodie" and is not buying their worthless BS; we do seem to getting close to going under .25 cents again; oh, I forgot, $4.99999999
One thing is forsure . . . elephants do have short memories, greed is forever and there IS a sucker born every minute, so maybe there is hope yet that the tide will lift all boats, even one with a whole in it big enough to drive a John Deer tractor through.
Posted by G - 16 years ago
I really do not see us going up until they are able to produce some decent numbers. We already know that second quarter is projected to be on the low end. The third quarter has been noted as the quarter that the higher earnings would start to kick in. Gardner even made a reference to this at yesterdays conference. Besides all of this, I believe that the market in general, is more than ready for a "good sized" correction to occur.
Posted by christ3opher - 16 years ago | Updated 16 years ago
RY mentioned they may up gross margin targets as VTSS has been hitting the high end and actually beat last Q. CRG/RY have done an extremely good job on this front.
On being 'undervalued' there are a couple ways to look at it. VTSS can be compared with peers and against itself. If we look at VTSS against peers, on where VTSS was historically, it is easy to say VTSS is way undervalued.
If we look at VTSS compared against itself over the last several years (for some odd reason that coincides with CRG/RY having full control and making executive decisions) VTSS isn't that undervalued imo. They are within their trading range, as the premium the company used to have disappeared. Their issue is to get it back. I thought it would run up some based on getting re-listed, but more due to hype and such.
MSPD fits this a little too. Bulls on the stock go on and on about undervalued, and they have a point, yet MSPD, except for a very brief period years ago has always been valued way below a PMCS or AMCC.
Posted by altrfan - 16 years ago | Updated 16 years ago
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