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VTSS Investor Forum

Vitesse signs on with WPG Americas

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November 7, 2011

Vitesse has teamed up with WPG Americas to distribute its complete line of products to the Americas.

WPG Americas is located in San Jose California and is one of the worlds largest semiconductor distributors.

Let us all hope that they will be selling alot of Vitesse products

Posted by christ3opher - 13 years ago

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So what does that mean for long time distributor Nu Horizons? Are they gone?

Posted by sharpinvestments - 13 years ago

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Sharpinvestments, it most likely it most likely means that they are signaling again they missed their Sales numbers and will say they have remedied that by changing Distributors. :)

Posted by Grandpubha - 13 years ago

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they had Nu Horizons and DigiKey.

will be interesting to see if they dropped one or both or added WPG to the u.s. market.

btw -they already issued the p.r. bout missing the sales numbers - -nothing new there.

we have a big seller in the mkt - -bout 400k in one lot yesterday and a few sells early this a.m.

Posted by daWiley1 - 13 years ago

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How much longer can this POS continue to circle the bowl?

Posted by G - 13 years ago

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do you really think vtss shares will be worthless - -like wet stanky toilet paper - -slippin outta sight?

cause i think we are making a critical test of the $2.12 low and will begin to rise in the next 6 months. we have lows of $1.80, $2.12, $2.34 which form for now - a long term chart double bottom - -and are successive higher lows - -this formation is highly positive on the monthly chart - and is called by one technician - -a power surge.

you can trade vtss and it is an excellent % mover over longer periods of time - -not day trades --but use a monthly chart on any free chart service and you should be able to see buy and sell triggers that are useful for large percentage gains.

mid - 2012 has been the target timeframe for increasing revenues toward their target goal of $ 45MM per quarter.

if we keep expenses below $30MM - -then we are set up for a very nice report on or about Feb 5-15, 2012. if they do increase revenues by 25% quarter to quarter, a fund or funds will take notice.

since this turd is 80% owned by funds who show little movement of their holdings month to month - - low volume is the indicator that most of the 35MM fully diluted shares are sitting tight in their fund accounts when the lights are turned off every night.

so - -we've been more than patient - but if we do see the stated numbers in Feb. - then we should see a turn in the price of the shares. not too long more to wait.

when the high gross margins are funneled thru to the bottom line - they allow for a very attractive value play and high percentage gainer - -all in a time of record low interest rates, causing some to seek out a stock valued today at 60% of revenues.

even if vtss had only $100MM in annual revenues - -the management could if it wanted to - -size the expenses to yield a profit. so we must ask why, and when this management expects to do such things that most governments, and states have also failed to do - - namely run inside a balanced budget. their answer in the last investor speech was - as soon as 1Q'12 or about Feb 5, 2012.

Posted by daWiley1 - 13 years ago

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An 8-pack of Charmin TP cost more that 1 share of VTSS just saying!

G

Posted by G - 13 years ago

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daWiley:

Take a look at my post under the investor presentation. Management is saying they will have 25% growth 4Q'12 over 4Q11. I have the revenue numbers by quarter under that post. My opinion, and I think mgt is pointing to this, is there is no chance there will be 25% revenue growth before that and given the 4q is one year away I have no confidence mgt has any idea whatsoever what growth will be then.

If VTSS were to have 25% growth in rev December 12 over Dec 11 that would put Dec 12 revenue about $45 million which of course would be 50% higher than what they will report for September. I would put the possibility of that happening at something like 0-2%. And even then it would be non-recurring revenue so no one would give them credit for it in the stock market.

but I agree with you totally that if and when the revenue starts to grow VTSS has some great leverage and once they pass the Breakeven point earnings should grow very rapidly with increasing revenues. We just seem to have no idea how to make the revenue grow.

I also agree with you that management could size the company to be profitable at what ever level they choose. But they have clearly demonstrated that they are not and will not reduce the cost level to a point where VTSS will show a profit. They reduce cost levels only to stay cash break even (which means they will stay losing money on a fully reporting basis). They have 4 years of this history. I have greater confidence in this than in anything they say. This is what they have done. What they have said they were going to do has never happened.

Posted by dlog - 13 years ago

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