How have you been?
There is very little activity and interest, apparantly. Are investors waiting for the Aug 4 report?
Don't understand this huge dip...Since 2013 we have been told that the last half of 2014 we would see all the projections shooting upwards...If CG doesn't have good news/ we see profit, I......
I have invested and watched this POS for over a decade. I would not buy VTSS at 50 cents per share. The mgt. are rich the owners are losing money. Eventually down to a penny stock. I don't know which CEO is worse this one now or thieving Lou.
Sentiment: Strong Sell
Noticed that in mid June this year (2014) William C. Martin picked up 1,600,000 shares of VTSS.
Looking him up and reviewing his recent transactions, I also noticed that in August of 2012 he bought 2,946,656 shares of MRVC paying $1,532,229 for them. Less than 2 years later, those MRVC shares of his went from a value of $1.5 million to approximately $42 million. Let's hope he has that same magic touch with VTSS shall we. While I don't like the dilution nor the very erratic trading of VTSS (big swings up and down for no apparent reason), I think I'll hold for a while and jus hope that Mr. Martin has some of the same insight on VTSS as he had on MRVC.
Things keep looking up for VTSS! Now added to the Russell 2000. Market is just beginning to realize the true potential of VTSS.
Good luck to all longs!
Cash from Diluting the stock is NOT where they should be getting money. They need to SELL their products.
Won't see it from these guys. Their fundamental concern is their individual wealth. Me first, company second. They can't sell/manufactur their way to profitability so they fall back on old strategies.
Preliminary adds & deletes for R 3000, Microcap and Global Index
June 20 & 27,
Updates to preliminary adds & deletes
Legacy returns for Russell U.S. Indexes.
June 30, After 3:00 p.m. Pacific Time
Final lists for Russell 1000, 2000, 3000, Microcap and Global
Call options for August and November are showing some activities.
Next couple of weeks may finally show some lights at the end of tunnel for us, longs!
Sentiment: Strong Buy
And why would they price the offering $.50 less than the current market price? I have to agree that this management team is clueless...
This is one of the all-time worst run companies on the Nasdaq. The top executives don't deserve to make more than the janitorial staff.
I thought Vitesse was doing well & didn't need the money... with interest rates so low, i really wish they would have done a debt deal instead... however, I continue to believe in VTSS's product line and will continue to hold... hoping Vitesse's new products make up for the share dilution.
Should have known this was an artificial inflation of the stock price. Down we go after more share dilution. Always selling more stock. I doubt if they will every buy any of their own stock. What a waste of time.
No The article was in the June 4 issue of Digitimes. It is an interview with Martin Nuss:
4 Jun 2014:What works in telecom can work in high-speed manufacturing: Leveraging IoT with Vitesse
Q&A with Vitesse marketing director Uday Mudoi
Michael McManus, DIGITIMES, Taipei [Thursday 13 June 2013]
Eight years ago, the Metro Ethernet Forum (MEF) defined the first carrier class networks and services for Ethernet, as well as specifying attributes such as quality of service, service management, reliability and scalability. Thus Carrier Ethernet was born. This marked the first time Ethernet services were standardized and it fueled a transformation in the telecom industry, with Carrier Ethernet replacing SONET/TDM as the service of choice for carriers, triggering the adoption in 100 countries, and building a market of US$40 billion in revenues, according to the MEF.
However, while first-generation Carrier Ethernet enabled standardized Ethernet services delivered over a single provider's networks, Carrier Ethernet 2.0 (CE2.0), which was introduced in 2012, has the ability to deliver multiple classes of services (multi COS) over interconnected managed networks worldwide. During the Globalpress Electronics Summit 2013 and again at Computex Taipei 2013, Digitimes had the opportunity to talk with Uday Mudoi, product marketing director at Vitesse, about Carrier Ethernet and the boom in the Ethernet access market.
Is this the article?