VTSS moving counter-market today, down $ .19 @ $ 4.21 on decent volume (300+k). Seems to be retesting again the breakout of channel upside at $ 4.20.
Posted by Techinvestor - 12 years ago
This looks more like someone unwinding a position ... has anyone heard anything?
Posted by phobos - 12 years ago
If true, let's hope it's not Billy Martin or the game is over for VTSS.
Posted by Techinvestor - 12 years ago
The VTSS' peers were down too.
http://finance.yahoo.com/q/bc?s=VTSS&t=1d&l=on&z=l&q=l&c=amcc%2Cbrcm%2Cmrvl%2Cpmcs
A shakey macro environment speaks against the case for capex. For some reason, unless this is a really bad downturn in the markets, I think VTSS should be OK. What alternatives have the service providers got except to modernize their networks? If they don't, the competition eats their lunch.
Posted by phobos - 12 years ago
tech-
you grasp on to any type of negative whether it be true or false any time you can
this story has not even begun yet
looks as though this latest run up was a bit premature
significant increase of revenue is still over a quarter away, Q3
we are over a month away from Q2 earnings
plenty of time to run it up again
Posted by christ3opher - 12 years ago | Updated 12 years ago
I share your belief that VTSS is long overdue and worthy of a much higher price. I think this pullback is a buying opportunity at some level. Watch the technical support and resistance levels where buyers and sellers should emerge.
Posted by Techinvestor - 12 years ago
Guys, this a just combination of quarter end profit taking, building a base after a stellar run-up, as well as just being lumped in with the tech sector that's taking a small hit right now. No worries, I believe these guys are well poised for good things in the near term as the shift in the industry takes hold.
Posted by Pac5705 - 12 years ago
and remember that many mutual funds stipulate in their charter that they don't take positions in stocks under $5.00... so in my mind that'll be the milestone to watch for....volume will pickup and VTSS will get a lot more mutual fund interest.....good old supply and demand!!!
Posted by Pac5705 - 12 years ago
I just wanted to make sure there was nothing that I was not seeing. Thank you!
Posted by phobos - 12 years ago
These are simply buying opportunities! our top customer in Asia(zte) signals strong Q2 for Vitesse.
http://news.investors.com/032414-694377-sia-says-semiconductor-upturn-will-continue.htm?ven=yahoocp&src=aurlled&ven=yahoo
Posted by GARIF - 12 years ago
Nice up day for VTSS today (Up 20 + cents on decent volume). VTSS continues to stay above its 20, 50 , and 200 day SMAs.
Next resistance level will be recent 52 week high of $ 4.69- let's hope we can break through and challenge $ 5.
Posted by Techinvestor - 12 years ago
Buy the dip today (down 20 cents)? Tempting- $ 4 area looks like a better entry point with some support.
Posted by Techinvestor - 12 years ago
We're hanging on to the $ 4 area by our fingertips- if we don't hold , the $ 3.80 - $ 3.90 ( 50 day SMA) should provide at least an area for a bounce.
Posted by Techinvestor - 12 years ago
Tech - I tend to agree. I'm seeing recent highs and lows converge at around $3.80. In our age of short attention spans, to many, VTSS is next year's story. If VTSS hits its numbers this quarter $26M+, then the credibility might give the share price a boost, but people may still not begin to buy-in until the figures from the June qtr are released ($29M+ est) sometime in early August. If VTSS can show that they are breaking-even in August, then I think we're off to the races.
Owning VTSS is a waiting game. It seems like it always has been (since the telecom bust and debacle anyway).
Posted by phobos - 12 years ago
I'm still seeing something around $3.80 (what about you Tech?). The macro environment has me a little worried short to medium term though. Potential investors may hunker down waiting until the macro environment improves. Let's face it. VTSS needs two things to make money:
1. they need to be at the leading edge of a paradigm shift (check!)
2. they need an up economy so service providers are spending liberally on capex (uh oh)
I guess it all depends upon exactly how bad this economy gets. A good earnings report will help, but valuations will still come down in a down economy. Did VTSS' ship finally come in only to find it's low tide?
PS
I will say as an afterthought that the decline has been on relatively low volume, which is less worse.
Posted by phobos - 12 years ago | Updated 12 years ago
phobos
during the last cc Gardner did state that the second half of the year would be looking much better for the "macro enviornment".
I have also been hearing from many different news outlets that we are on the cusp of a correction. one that is very much overdue.would be nice to get this out of the way before Q3 earnings cc. also been hearing in many different areas that the economy is looking good for second half of 2014.
Posted by christ3opher - 12 years ago | Updated 12 years ago
There is selling pressure in market & especially the NASDAQ, but so far we have fared well. How severe this correction is going to be hasn't played out yet. Doomsdayers are calling for 25 - 40 % correction and the majority are saying garden variety correction ( 7 - 10 %) in a Bull market- who is right?
Good news is we're still above 50 day SMA ($ 3.80 - $ 3.90 area) and as you stated phobos, volume has been light.
Fundamentally, China is getting some blame for correction, but could be just the hedge funds doing their thing.
Posted by Techinvestor - 12 years ago
I think that you gents must be right. Being fellow shareholders, you can understand my PTSD whenever I see the share price decline.
Thanks for talking me off the ledge. ;)
Posted by phobos - 12 years ago
over the next six months we may see more investors deciding to put money to work in Vitesse. If Gardners outlook for Q3 comes true (breakeven and substantial increase in revenue) I can see more people taking money out in other areas and buying VTSS.
(so far it looks good, with all of the reports on the Vitesse Twitter site shows many many Vitesse customers ramping up in many areas).
Posted by christ3opher - 12 years ago
Customers are ramping all over the world, true! price has traveled south but on light volume; looks like CRG and a few friends took out some poker playing money and nothing more.
This is a BUYING opportunity! after second Q it might be too late to get in for cheap.
Peace
Posted by GARIF - 12 years ago
Looks like we are breaking down below our 50 day SMA ($ 3.90 area)- currently trading at $ 3.81. If we could re-validate ourselves above $ 3.90 that would be great, but probability is we are heading to our next support level at $ 3.50.
Posted by Techinvestor - 12 years ago
I am kicking myself for not making a sale during the last run up to $4.69 then getting back in around $3.50 would have been nice.
Posted by christ3opher - 12 years ago | Updated 12 years ago
All on meager volume good friends, many will "kick' themselves for not buying at these prices. Once again the company has beat competitors to the starting gate, I recall Vitesse did the same with the MFE, the results were that most early qualifiers used her technology.
like I've said this is an IPO opportunity.
Posted by GARIF - 12 years ago
Not good news today on tech front- we've broken support in $ 3.80 area (currently $ 3.53) on decent volume and we're below 20 & 50 day SMAs.
Next support in $ 3.25 area where coincidentally the 200 day SMA is. Good news is if the old classic "50 percent retracement" of gains from our highs and lows holds, it is around $ 3.32,
Lets hope the technical crowd has their buy orders in.
Posted by Techinvestor - 12 years ago
AMCC is having a bad day so far:
http://finance.yahoo.com/q?s=amcc&ql=1
Posted by phobos - 12 years ago
I guess the market is expecting a bad earnings call (?)
I'm not understanding today's beating at all.
Posted by phobos - 12 years ago | Updated 12 years ago
It's happening on DRY volume, NO WORRIES, wish I had some funds to add more...
Posted by GARIF - 12 years ago
Looks like no buyers here until we hit the confluence of the 50 percent retracement of gains, 200 day SMA, longer term support in $ 3. 25 to $ 3.32 area. Maybe the $ 3.36 low today will qualify.
I think some buyers are confident enough in a company to buy before earnings- unfortunately that is not VTSS. They will wait for results.
Posted by Techinvestor - 12 years ago
you are absolutely correct tech
and if the results are more positive than last quarter we will see a similar situation play out as we did in March when the share price hit $4.67 (?) add in the up coming investor conferences and a bigger story going in to Q3 and it will happen all over again.
tech, your additions on chart information are much appreciated.
Posted by christ3opher - 12 years ago
Before the close - looks like CRG's girlfriend is selling - pillow talk.............
Doesn't look promising, but promises is all we have ever gotten to date........
Not hopeful........
Satbob
Posted by Satbob - 12 years ago
Missed on Revenues, Missed on Earnings, forecasting Revenues down for the next Qtr. Can't put lipstick on this PIG.............. again. Looks like the girlfriend knew what she was doing..........
Posted by Satbob - 12 years ago
As you can see, we are down on support again ( $ 3.44) in a wedge formation- let's hope we can hold. If we don't hold, next area of support is in the $ 3.25 area.
http://www.finviz.com/quote.ashx?t=vtss&ty=c&ta=1&p=d
Posted by Techinvestor - 12 years ago
Don't look now, but in the final minutes vtss dropped to $3.26 on huge volume. What gives?
Posted by phobos - 12 years ago
That's a very GOOD question phobos. Talk about money leaving an issue! That 6.21 mil shares volume and steep decline near the close doesn't bode well for the future.
Can't be CRG resigning or the stock would have spiked up on huge volume. Maybe it relates to Russell- if VTSS in, they sold the news.
Posted by Techinvestor - 12 years ago
Could it be someone cashing out brand new shares? I can't even speculate what the news might be Tech. Does anyone have any insight?
Posted by phobos - 12 years ago
Why would someone bail if we will be joining Rus? unless the company has received news of not joining; since insiders often get early dibs, perhaps one decided to get out of dodge.
No matter how we slice it, THIS IS NOT GOOD!!
DAMMM this is UGLY!!!
Posted by GARIF - 12 years ago
I was looking at the action at the close. There was volume of around 227k shares at 3:50 and of 2.1M right at 4:00. Was the intention to set off a panic? The entity dumping the shares certainly didn't get full value. The only thing I can say is that I don't understand it, unless someone with a lot of shares wanted out in a big way, and who knows for what reason. If a major player unloaded, then we'll find out eventually, I guess.
This might be a good time for someone in Camarillo to say something, oh wait, this is the same management that remained silent toward shareholders for years. Yes, even when shares plunge 5% in the last 10 minutes of trading on 15 times average daily volume.
We might see this carry over into Monday as people sell on the rumor (even when there isn't one - the near holiday week doesn't help either). I hope VTSS wasn't planning any more offerings... something tells me the free money window is now closed for the foreseeable future.
Time to turn a profit guys... I'm just sayin'.
Posted by phobos - 12 years ago
Absolutely Phobos,
"The entity dumping the shares DIDN'T GET FULL VALUE."
Something stinks in mud-ville, come early opportunity the boys up the coast should do some explaining... sadly we're always last on the should know list.
Posted by GARIF - 12 years ago
Pre market tech sector down across the board!
Posted by GARIF - 12 years ago
As you can see, we are flirting with support again in $ 3.25 area of symetrical triangle- let's hope we hold, bounce, and eventually make run at $ 3.60 resistance.
http://www.finviz.com/quote.ashx?t=vtss
Posted by Techinvestor - 12 years ago
somewhere in this chat is the topic: VTSS is a great trading stock
i will stick to this topic: Technicals
i will give technical reads here in the future.
but today marks a possible higher low put in above $3.
the trade is called Buy Off The Bottom
it costs very little to find out if $3.01 is the higher low.
the after hours trades might give a hint that $3 will stand.
and if tomorrow shows higher and a higher close - -
then . . . buy the ticker and use a mental stop $0.03-$.06 below the last low. don't place stops in light traded tickers like VTSS.
if your sell price is met, sell and take the small loss. try again another time.
buy as close to the last low as possible to keep the trade real tight in pennies and dimes to your stop loss price.
when this trade works --the technicals on the daily and weekly will follow price up. if not, take the small loss at your sell price.
as to technicals, VTSS has crappy ones - -but it is often that the market is shy of a new darling - -the coming out party for VTSS needed to be after the larger Russell body was offered as many cheap shares as they could accumulate -- even below Raging Billy - -sure he is pissed - -but if you agree that Billy knows the final score on this game - - -and to me, he does -- as all of you know that i put the weighing scale on this technology at $6 right now and going thru $10 in the next 24 months - - -then trade the BOTB and the second trade - -the break-out to new weekly highs - - (to be discussed when we have a chance at one).
Posted by daWiley1 - 12 years ago
Thanks for sharing that daWiley1. Your insights are much appreciated.
Posted by phobos - 12 years ago
I agree with you daWiley1- there is too much focus on fundamentals and supposition on future revs/earnings. Why not trade the stock and make some money on short-term moves. This can happen in parallel with holding a core position for the longer term.
I appreciate your inputs on the technicals daWiley1.
Posted by Techinvestor - 12 years ago
Well, we closed at $ 3 today on heavy volume (615 k) The bottom dropped out of price in last 15 minutes (from $ 3.08 to $ 3). We dipped our toe in sub- $ 3 ($ 2.99) earlier in the session.
It will be interesting to see if we hold $ 3 area or finally roll over into the $ 2 + world.
Posted by Techinvestor - 12 years ago
PMCS beat revenue expectations by $0.01. Shares are up nearly 8% after hours.
http://finance.yahoo.com/q/pr?s=PMCS+Profile
Posted by phobos - 12 years ago
Well so much for PMCS helping VTSS- stock collapsing ($ 2.77) on decent volume. Everyone afraid to hold for earnings I guess.
Next major support at $ 2.50.
Posted by Techinvestor - 12 years ago
PMCS way up again today:
http://finance.yahoo.com/q?s=PMCS
VTSS not so much:
http://finance.yahoo.com/q?s=VTSS
Folks will sell on the rumor and buy on the news. There's nothing but rumors out there, and apparently none of them good. Far be it from the ever shareholder-neglectful management team to give a pre-earnings range to staunch the blood-flow.
It is at times like these when I have not one good thing to say about VTSS' management. I get the feeling that they wouldn't even have the perfunctory earnings announcements if they could be avoided. They didn't have shareholders' meeting for a number of years.
Is this "Debacle II"? Come in Camarillo... come in... earth to Camarillo... hello Camarillo... is anyone there?
I think I hear crickets.
"VTSS Management Where Are You?"
http://www.youtube.com/watch?v=mQfXPGCYlfI
Posted by phobos - 12 years ago | Updated 12 years ago
As you can see, we are breaking out from a descending wedge and at a time for decision on longstanding overhead resistance. We are above 20 & 50 SMA. I would like to see more conviction though (i.e. volume).
http://finviz.com/quote.ashx?t=vtss
Posted by Techinvestor - 12 years ago
agreed Tech on the volume. it's only 1/2 of a bad thing, I Guess
reason why the schedule is beginning to emerge for upcoming investor conferences.
Things ARE getting better because of the fact that new product revenue is doing very well. This is a very good reason to promote the company at this time. volume will grow.
would be great to get an update from daWiley1
Posted by christ3opher - 12 years ago | Updated 12 years ago
use this link to see a free and cheap way to see the daily and weekly trend of VTSS or any other ticker:
http://stockcharts.com/h-sc/ui?s=VTSS&p=W&b=5&g=0&id=p32179991225
the weekly view is most encouraging - -the 50 week crossing above the 200 week and weekly Parabolic Sell And Reverse (psar) turning "green" after 19 weeks or "red" pain.
also higher highs and higher lows since jan. 2013.
the last BOTB "buy off the bottom" at $3.00 did not hold and you would have been stopped out. but the next try off the $2.77 low would have been a nice entry.
today - -raging billy is "green" on all shares bought. he only has the debentures to go "green" or get paid --and he earns interest every day while waiting.
follow the dots!!
dW1
Posted by daWiley1 - 12 years ago
daWiley1- Thanks for the reminder about stockcharts. I used to use it years ago. I have used Esignal's LiveCharts for years for real-time charts and trading.
Posted by Techinvestor - 12 years ago
VTSS stock price not behaving well lately. Down another 4 cents, counter strong market day. Looks like it may retest the $ 3.25 area before any resumption of move to $ 4.69 (52 week high).
Posted by Techinvestor - 11 years ago
As you can see, we have bounced off support (Blue line) and hopefully we will retest the $ 3.20 area (Where we broke down) and near the 50 day MA.
http://finviz.com/quote.ashx?t=vtss
Posted by Techinvestor - 11 years ago
Well, we have arrived at 50 day MA & crossed 20 day MA- time for decision!
http://finviz.com/quote.ashx?t=vtss
Posted by Techinvestor - 11 years ago
Boy- Someone wanted out badly today ($3.33) or more likely Market Makers took advantage of Sell Market order.
We have failed again at resistance ($ 3.80) and have dropped below 200 SMA. Trying to hold at 50 SMA ($ 3.40 area). The $ 3.25 area is a 50 percent retracement of recent up move and might also provide support.
http://finviz.com/quote.ashx?t=vtss
Posted by Techinvestor - 11 years ago
I have a question for all of you folks - next year, VTSS is projected at $114-115m Revenue. Check the "Competitors" list and see what kind of times Sales they are at. The stock market is high now and the best in class are less than 3X sales. The also rans at X2.2-2.5 sales. VTSS isn't in any class. $115 x 2 times sales = $230 /67.7m shares = $3.40 based on next years sales (which they probably won't be able to make). Seems that concentrating on what a takeover premium might be would be a better way to spend time. This company just continues to do exactly what it has done over and over again - and it will keep on doing it. POS
Posted by Satbob - 11 years ago
Satbob,
Recently this company received a vote of confidence from investors, providing millions from which she paid some of her debt; they must believe in the companies ability to execute, to deliver the goods(finally).
They like myself expect greater then the $114-115 quoted above, because 2015 is the start of mass delivery...
"The thing that's been the most effective for us in the new product portfolio is
really the 1588 technology and the ability to get those PHYs particularly designed
in. Part of that is because the network really is going through a transition and
requires this new technology and part of that is because the way we've
implemented our technology you can very simply take a system that does not have
1588, what they call PTP unaware, and you can change the PHYs, taking out one
or more of our competitors and putting our PHYs in. With just that change you
can make your box 1588 capable and a very highly accurate 1588. It's a very
simple upgrade. People can go do it. We have a lot of people doing it. It gets us in
the game. Those are fairly complex products. They come with software. That
software is common between our PHYs and our switches. In often case we find
that is a lead into different customers and then we can follow with some of the
more complex switch technology."
Posted by GARIF - 11 years ago
Let's look at what we know ... not what is projected.
The best audited financials place VTSS BE at around $30.5M (although CRG's statement at the recent cc placed it at the upper end of guidance "So if you actually look at guidance, again, similar to last quarter, higher end of guidance gets us into that break-even, above break-even. Lower end of guidance keeps us somewhat below that."). The upper end of guidance ("We estimate fourth-quarter fiscal 2014 revenue will range from $26.5 million to $29 million.") places BE somewhere around $29M currently (if we can believe that), or a little lower. I guess we have higher margins and lower costs to thank for that. OK. But we are also going to be experiencing higher costs, which were also mentioned (no one thought the increased sales presence would be free - did they?) And then there is the 30~40% hit that legacy products will be taking in H1'15.
"That's a decline on our quarterly run rate. So we expect the quarterly run rate exiting 2014 -- we expect about a 30% to 40% decline in the first half on a quarterly basis." OK, is that 30~40% per quarter for the first half, or is that a 30~40% decline in the first half over two quarters? Worst case scenario, if we can believe the $29M number, that would bring us to BE in Q3'15. It actually doesn't matter if I figure a 30~40% decline over two quarters or over the first half since legacy products have now dropped below 50% of product mix. Either way we're looking at Q3'15. CRG goes on to clarify though after analyst prompting "Yes, we don't expect it to take it down two quarters sequentially at 30% to 40%. We expect your -- you said $11 million and change -- think about 30% to 40% off that probably mostly in the first quarter." OK, still Q3.
The good news is that CRG is getting out in front of the bad news, which was something he avoided like the plague in the past. The bad news is that this first quarter might not look so good. Most of the hit to legacy products will happen in the first quarter (above) and ("...- in fact, the last two years, we've seen the first quarter take a pause.") the first quarter might not be so great for new products either. I think that's why we're seeing the price decline running into the the December earnings call. But, having said all this about the coming quarter, I think that VTSS is well positioned in a very overlooked segment in their industry. Everyone else has gravitated toward NPUs, but VTSS is staying with the edge and enterprise in layer 2, which places them in a market of one for many segments where they compete. It's a good long-term strategy, and it could make Q1'15 a great buying opportunity.
@satbob: cavm currently has a P/S over 8. Don't underestimate how the market (over)values growth!
Posted by phobos - 11 years ago | Updated 11 years ago
phobos: VTSS isn't anything LIKE a cavm - in fact, why aren't we all over there instead of here. Those of us that are/were here are probably mostly here for one reason - to prove how smart we are to find this "Diamond in the Rough" - I hate to admit that and I wonder how many of you are in the same boat. But the fact of the matter is that over the last 8-10 years there have been countless stocks that were just plain "easy" to make a lot of money in - which makes it perfectly clear that having money in this s#@&hole stock made NO SENSE in retrospect. So why then - above is the only reason. That is why the "hedgies" are here - that is what they do - find little diamonds, but this has not been a diamond - has it. Unfortunately, so many people have been committed to this for so long now that to give up on it is to admit the "why". Hedge funds can tolerate being wrong now and then, but they have to be right much more often then they are wrong. Look at your investment in this pig. What if 5 years ago you had taken that money and put it into GOOGL, AAPL, or any number of the dozens of stocks like that that have come down the road - would you performance in VTSS measure up? Hell no! Even if some of you do "hang in there" and reap great rewards (which is only an "if" at best) it can not compare to the better, the easier options that have been available for that capital. I have admitted to myself and other that pride got me hooked on this pig. I hope all of you make millions - only the point will always be, "Was it worth everything that you had to endure"? I doubt it. It wasn't for me. phobos has tried to put SO MUCH lipstick on this pig with thousands of links to continue to convince everyone that it isn't a pig - it's a PIG! I thought we were being smart, all of us. That some day we would be proven correct about this company; however, at this point, nothing this company could do would truly justify the performance of the last 8-10 years. I am not bashing all of us investors - just pointing out what should have been clear to us. Kopp is in the same boat. Raging Capital is the only one making any money as he came in like a true HF when he should have and I have no doubt that if it hadn't worked he would have bailed out. Even mentioning VTSS in the same conversation as CAVM is ridiculous - CAVM has Revenue, Earnings, Growth - VTSS has fairy tales.
Satbob
Posted by Satbob - 11 years ago
It is not my intention to mislead, or put lipstick on any particular pig. I'm just sifting through information and attmpting to separate the signal from the noise. The past is prolog, but it is also still the past. Things change. I'm not recomending that anyone else invest in ANYTHING. PERIOD. That's neither my job nor is it what I'm doing here.
Best of luck with your investments, whatever they are.
Posted by phobos - 11 years ago
I'm really surprised that no one is excited or posting as VTSS goes counter-market last few days and has broken out of channel on high volume. Looks like it wants to challenge 52 week high ( $4.69). I guess this is further proof that no one cares about our little stock.
http://finviz.com/quote.ashx?t=vtss
Posted by Techinvestor - 11 years ago
been following it as no doubt everyone here is, thinking something has to be up to drive it so strongly counter market. I have no idea what but like the current action for sure...been so long coming.
Posted by sstockss99 - 11 years ago
" I have no idea what but like the current action for sure...been so long coming."
"CES influenced LOVE perhaps?? I have no doubt Vitesse is there indirectly..."
Posted by GARIF - 11 years ago
I believe VTSS sees itself on the manufacturing side of the IoT, as opposed to the consumer side. It may not make sense to go head to head with the BRCMs (low cost, high volume) right now. BRCM needs much higher volumes to make a go of it. VTSS has segmented the market just right here, and that's a good thing.
Some things I'm worried about:
1. What will the Fed do with interest rates (soon)?
2. What will the FCC do with "net neutrality" (February)?
Some things I'm happy about:
1. VTSS seems to see itself as a competitive market leader with their products. By the portion of the $3B addressable market they lay claim to, I would guess that they are leaders, there is one other company, and everyone else. This would yield a market share distribution once the dust settled of 46%, 31%, and 23%. This would amount to about $1.4B of the addressable market (they're probably using the 50% "bake-off" wins to arrive at $1.5B).
2. The revenue streams from new products have been $7M, 15M, 29M, and 50M from 2011 through 2014. The cumulative amounts are $7M, 22M, 51M, and 101M. These are the amounts from what will be around 46% of a $3B market over the next decade (through 2023). Plotting this on a sigmoid ("s-curve") I get peak revenue around 2017 at $340M (!). The data points have very low variance so far. Is this why the share price is up? Should I believe this?! A lot can happen in 3 years.
Holy crap.
Posted by phobos - 11 years ago
In my perusing of this "Neutrality" the following quote brings to mind the question of, isn't customer service a thing of the past, sort of kinda like Privacy?
" This reclassification is the only way for the FCC to create strong net neutrality rules that allow customers to have a reasonable expectation of consistent, reliable, and nondiscriminatory services."
Phobos thanks always for your eloquence! board members used to ask whether Vitesse lead in any area... thanks to VeriT plus now intellisec, Vitesse has indeed become a top Dog in several areas. CRG recently spoke of a cocktail soon to be announced which will create a first in the industry(not requiring multiple vendors to create), accordingly creating a Vitesse OWNED market expected to bring in north of a hundred million...
China is said to be the IoT capital of the world! a year ago Crg commented on Thousand of Chinese coming to him for IoT... I thought lightly of the comment at first but as I continue to read about China and IoT I can see where the man was sharing some genuine truth with us.
I agree fully about the company working the plumbing side of IoT. Over a year ago we also increased our beach head in India and the move is paying huge dividends.
Phobos, peak revenue might arrive sooner than we think...
Is Symmetricom who Vitesse was helping long before being eaten by Microsemi(vitesse partner) still helping Broadcom with Timimg or has Broady started to find confidence in its home grown solution??
http://www.lightreading.com/comms-chips/broadcom-targets-
1588v2-timing/d/d-id/682387
http://www.rcrwireless.com/20120626/carriers/symmetricom-touts-software-based-clocks-in-support-of-small-cells-synchronization
Posted by GARIF - 11 years ago
Customers receiving awards and showcasing OUR future,
"The company also introduced the start of the Hilink era - its strategy to offer fully integrated mobile internet solutions to consumers all around the world – as part of its commitment to bringing the latest technology to consumers and creating extraordinary connected experiences for people everywhere."
http://finance.yahoo.com/news/zte-receives-four-idg-awards-050100731.html
http://consumer.huawei.com/en/press/news/hw-410499.htm
Posted by GARIF - 11 years ago
I am much more cynical about so-called "net neutrality" than that. I see it as an attempt at regulatory capture by content providers to comoditize bandwidth, which could have a chilling effect on making the case for investment in infrastructure. Vtss makes the chips the network equipment makers use to create the network - it could be bad for business, similar to the 1996 Telecom Act.
I was looking at brcm's chip, and I notice they've touted "system aware" (TM). Doesn't vtss have "system aware architecture"? Are we selling IP to brcm?
http://www.broadcom.com/products/Processors/Home-and-Small-Business/BCM53903
I was also not impressed. A sperate processor for timing? Are they kidding?
I just realized too, we're posting in the " technical" area of of the board. My apologies... I got a little carried away.
Posted by phobos - 11 years ago
phobos- Your contributions are appreciated, no matter where they are posted, especially considering the lack of interest in this Forum.
Posted by Techinvestor - 11 years ago
A picture is worth a thousand words. Need to hold $ 4.10 breakout area and hopefully challenge 52-week high ( $ 4.69). The technicians could care less about IoT and IntelliSec.
http://finviz.com/quote.ashx?t=vtss
Posted by Techinvestor - 11 years ago
Looks like we're hanging on to the $ 3.80 long-term support by our finger tips.
http://finviz.com/quote.ashx?t=vtss
Posted by Techinvestor - 11 years ago
11:15 AM 2/2: Bounced off support at $ 3.52 just above 200 SMA. Of course our favorite little POS couldn't hold $ 3.80 support.
Let's hope we don't break below 200 SMA- that would not be good.
http://finviz.com/quote.ashx?t=vtss
Posted by Techinvestor - 11 years ago
Breaking down technically ( $ 3.93 close today). Now below 20 and 50 day SMAs. Let's hope $ 3.80 support holds.
http://finviz.com/quote.ashx?t=vtss
Posted by Techinvestor - 11 years ago
phobos- We are actually down on a support line at $ 3.76 now. If we fail to hold there, it appears the 200 Simple Moving Average (SMA) at low $ 3.50s is next support.
http://finviz.com/quote.ashx?t=vtss
Posted by Techinvestor - 11 years ago
Isn't it interesting how the 20 SMA provided resistance Friday and then we found support at the $ 3.80 area. We eventually have to fight through the $ 4.20 resistance or if we break support at $ 3.80, we probably test 200 SMA at $ 3.50 area.
http://finviz.com/quote.ashx?t=vtss
Posted by Techinvestor - 11 years ago
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