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Skullcandy, Inc. Message Board

benshometownflooring 278 posts  |  Last Activity: 12 hours ago Member since: Jan 6, 2013
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  • Reply to

    End of the tunnel

    by iwinher Feb 11, 2016 2:15 PM
    benshometownflooring benshometownflooring 12 hours ago Flag

    So Penguin, here is the deal. I think I can speak for the few of us who are long term investors in this company. Despite the fact that you provide wonderful color to this message board and have personally provided me with a few laugh out loud moments with your commentary, I believe that your passion to intellectually humiliate any soul who owns a share of stock in MOSY has gotten the best of you. Any credibility that you have demonstrated over the course of time, has been diminished by your inability to look at things objectively.
    Mosy may some day go bankrupt (but I doubt that), they may flounder about for the next 10 years without substantial profit, or they may eventually get this company rolling in revenues if they can just get over the hump. Why is it so hard for you to consider either of the other two possibilities and not just your arrogant proclamation that the world is ending NOW for MOSY? Do you have some confidential information that none of us sappy longs are privy to?
    ...And even though having a short position at this stage is risky and I would say idiotic, someone with your know-it-all, slam dunk conviction that Mosy is toast, should ride this thing short until the end. But you are not short are you? and why, because in the back of your mind, you understand that there are more than one possible endings to the story of this stock. -Just try to keep it real, will ya.

  • benshometownflooring by benshometownflooring Feb 11, 2016 7:04 AM Flag

    I heard some fundamentally different language in the call yesterday. Throwing out some numbers by Len, focusing on REVENUES over design wins, paying attention to margins. forecasting even more fat trimming. It looks to me like Len is getting MOSY all dolled up to sell.

  • Reply to

    Workforce reduction

    by ptychka Feb 4, 2016 3:00 AM
    benshometownflooring benshometownflooring Feb 4, 2016 4:35 PM Flag

    You said yourself that you liked the news. Why are you surprised that the PPS held on solid volume again? -Sure, if you are a negative nellie like Mr. Penguin you would think that price would crash on workforce reduction. But the news could more logically be construed as beneficial to the company. If the products are done being created, then why not scale down the R&D to more quickly see the results on the balance sheet.

  • Reply to

    what is he saying..

    by benshometownflooring Feb 3, 2016 5:05 PM
    benshometownflooring benshometownflooring Feb 3, 2016 6:50 PM Flag

    thanks dc. maybe this is the beginning of better numbers and guidance. time will tell.

  • Reply to

    what is he saying..

    by benshometownflooring Feb 3, 2016 5:05 PM
    benshometownflooring benshometownflooring Feb 3, 2016 6:23 PM Flag

    do you believe BE 3 is fully tested and marketable,as alluded to?

  • benshometownflooring by benshometownflooring Feb 3, 2016 5:05 PM Flag

    the company has "substantially concluded development of new products, including BE 3 family"
    1. is this to say that they are aborting BE 3 in an unfinished state and are more or less going to close the door on the company.
    2. Or are they shifting gears and saying, we are finished building and testing and now we are going to trim the fat and crank out some sales for a while based on what we have brought to production.

  • benshometownflooring by benshometownflooring Feb 3, 2016 4:46 PM Flag

    They announce closing the Indian operation, letting go those 18 employees and 16% of the California staff.

    Item 2.05 Costs Associated with Exit or Disposal Activities.

    On January 28, 2016, MoSys, Inc., or the Company, committed to effect a reduction in the Company’s workforce and associated operating expenses, net loss and cash burn and to realign resources, as the Company has substantially concluded development of new products, including its third generation Bandwidth Engine IC product family, and expects to bring these products to market in 2016. The Company reduced United States headcount by approximately 16% and will cease operations at its subsidiary in Hyderabad, India, which has 18 employees. The Company anticipates that it will fully implement the planned reductions by the end of the second quarter of 2016. As a result of these reductions, the Company expects to incur total termination charges of up to $0.8 million, including $0.6 million of charges for severance benefits and other one-time termination costs. The remaining charges represent lease obligations, asset impairments and other expenses related to our Indian subsidiary. The Company expects that substantially all of these charges will be recognized in the quarter ending March 31, 2016, and will result in cash expenditures of up to $1.0 million, which are expected to be paid during the first and second quarters of 2016. The Company expects to realize approximately $3.2 million of savings on an annual basis from the reductions.

    This Current Report on Form 8-K may contain “forward-looking statements” about the Company, including, without limitation, the timing of expenditures related to the workforce reduction and anticipated cost savings. Forward-looking statements are based on certain assumptions and expectations of future events that are subject to risks and uncertainties. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 a

  • Reply to

    Douglas Schirle(Chief Financial Officer of GSIT)

    by ptychka Feb 2, 2016 2:11 PM
    benshometownflooring benshometownflooring Feb 3, 2016 4:15 PM Flag

    Penguin- I guess I was referring to the part in which Doug mentioned that there has been a lot of discussion and interest in Bandwidth Engine. To an investor, that would logically fall into the category of information that sounds promising.

  • Reply to

    Douglas Schirle(Chief Financial Officer of GSIT)

    by ptychka Feb 2, 2016 2:11 PM
    benshometownflooring benshometownflooring Feb 2, 2016 4:24 PM Flag

    That sounds promising, ...and the kind of scuttle that is expected at this stage of the game. Thanks for the post.

  • Reply to

    sell some patents....

    by dc97531 Feb 1, 2016 6:17 PM
    benshometownflooring benshometownflooring Feb 1, 2016 9:44 PM Flag

    dc, I've been saying for a while that there is value being created in this company, even if at this moment that value is not due to a revenue stream. You make a good point that they could sell something off, or partner with someone to get there if standard means are not available.

  • Reply to

    Reverse Split

    by astockjoc Feb 1, 2016 9:44 AM
    benshometownflooring benshometownflooring Feb 1, 2016 12:01 PM Flag

    I agree that a reverse split is the most likely course of action at this stage of the game. The concept would buy more time which is apparently what Len and the team need most. The question then is, does it happen before or after the next earnings call? If the coming news is anything less than remarkable or significant progress in revenue, then I would guess that something gets done before rather than after the call. At least that is the way I would go about breaking bad news to the investors. Sitting in silence, then another typical "we are not there yet" call, only to be followed up by a reverse split would be the trifecta of ugliness. I'm sayin' my prayers that something different happens..

  • Reply to

    New job posting for Keryx

    by highflier2go Jan 21, 2016 12:31 PM
    benshometownflooring benshometownflooring Jan 21, 2016 6:50 PM Flag

    so, short term the marketing guy sucks, and they are looking for someone who can do better down the road? Did I interpret that correct?

  • benshometownflooring by benshometownflooring Jan 21, 2016 6:43 PM Flag

    It is disheartening to see but yes, This Venture company has closed below $1.00. I would hope that, at a very minimum, Len would announce the date of the next non-earnings disaster. I see that share volume is completely chaotic and Average at the same time. No massive trends but variations from mostly low volumes to some spikes of average interest where PPS remained unchanged. this point anything could happen, I'm hopeful for the future of MOSY but need some Fargoing good vibrations.. (Penguin, can keep your opinions to yourself until after next earnings!) Good Luck MOSY supporters..

  • benshometownflooring benshometownflooring Jan 18, 2016 7:15 PM Flag

    You aren't still long DECK, are ya? -read any good books lately?

  • Reply to


    by dc97531 Jan 17, 2016 11:38 AM
    benshometownflooring benshometownflooring Jan 18, 2016 8:57 AM Flag

    I find it curious that during the last call they said that we would be hearing from them in the "near' future as to the issue of cash running out. But then nothing all quarter. so that makes me believe that something in the plan has changed. (either the course of action or the timeframe) And the report of the satisfactory design win progress is idicitive that there is indeed interest in the products which they are creating. Len made a 2015 goal to double the design wins and Mosy will achieve that. Now I cannot imagine that a seasoned CEO would make a primary goal for his company having no understanding of how that accomplishment would translate into genuine progress towards revenues. Having said that, I think we can all agree that the timeframe for that translation is unknowable until it actually occurs. -but I feel that with every design win accrued, there is value added to this company down the road.
    I'm hopeful that the delay in dilution is a positive sign, Q4 results will undoubtedly tell the tale. The last 8 quarters have been one dissapointment after another. So, I guess the only thing that would surprise me is a massive beat. I'm not banking on anything happening too fast. I just hope that they start to reverse their direction and show some sales. If not, they had best have all the details for plan B or they will lose their Nasdaq exposure by they end of Q1.

  • Reply to

    dc where you at?

    by benshometownflooring Jan 14, 2016 5:53 PM
    benshometownflooring benshometownflooring Jan 14, 2016 9:59 PM Flag

    that is true brother... hope you don't need your retirement this quarter. LOL

  • benshometownflooring by benshometownflooring Jan 14, 2016 5:53 PM Flag

    did you see the slides, did you pick up any new tidbits of info? Are you still long?

  • Reply to


    by muench.john Jan 12, 2016 5:46 PM
    benshometownflooring benshometownflooring Jan 13, 2016 2:47 PM Flag

    that party must think it's really undervalued now..

  • Reply to

    Investor slides available

    by benshometownflooring Jan 13, 2016 10:50 AM
    benshometownflooring benshometownflooring Jan 13, 2016 2:00 PM Flag

    Actually I didn't view them from the site. I received them by e-mail from Beverly Twig( from the investment group) she said they would be available on the site. If you can't find them. you can e-mail me directly and I'll forward the attachment. (see my handle and I'm at yahoo)

  • benshometownflooring by benshometownflooring Jan 13, 2016 10:50 AM Flag

    I just viewed the slides which were presented at the Needham conference this morning. Without the audio, the technical flowcharts are for the most part meaningless to someone like myself who cannot grasp the high level of technology which they are dealing with. Suffices to say that they are attempting to provide data flow hardware that is not just "an alternative" but a superior option in terms of speed and low power usage.
    The financial and forward looking revenue growth slides are simply hot-air at this stage of the game until we see a couple more quarters of the design-win evolvement into consistently increasing product revenues. -Suffices to say that the team is aggressively still building, testing, promoting their products and if their marketing guy is worth a hill of beans, they should be able to put up some good numbers in 2016. (one question that is still unanswered is how they will bridge the financial gap to get from here to profitability)

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