Recent

% | $
Quotes you view appear here for quick access.

Skullcandy, Inc. Message Board

benshometownflooring 38 posts  |  Last Activity: Apr 22, 2016 11:47 AM Member since: Jan 6, 2013
SortNewest  |  Oldest  |  Highest Rated Expand all messages
  • 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

    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

    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

    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.

  • 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

  • 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.

  • 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?

  • 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

    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.

  • 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

    End of the tunnel

    by iwinher Feb 11, 2016 2:15 PM
    benshometownflooring benshometownflooring Feb 12, 2016 5:28 PM 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.

  • Reply to

    Market cap 45 mill only

    by ptychka Feb 17, 2016 2:46 AM
    benshometownflooring benshometownflooring Feb 17, 2016 7:14 PM Flag

    No bonus for Len until stock hits $3

  • Reply to

    Reverse Split

    by astockjoc Feb 19, 2016 10:13 AM
    benshometownflooring benshometownflooring Feb 19, 2016 2:04 PM Flag

    What is that reason smart guy? enlighten us.

  • Reply to

    Reverse Split

    by astockjoc Feb 19, 2016 10:13 AM
    benshometownflooring benshometownflooring Feb 19, 2016 6:55 PM Flag

    Yes, I'm still waiting for his reply also. So the stock drops 12-15% on paper with what, less than $100,000 worth of stock traded. Philip and others don't get it. Do you really think the bluebook value of MOSY drops equally because a teaspoon full of investors dump their shares. I could drop MOSY another 10% Monday out of the gate if I dumped all my shares at a stupid price. Fact is, entities selling at this price are ignorant or impatient.

    Sentiment: Buy

  • Reply to

    Reverse Split

    by astockjoc Feb 19, 2016 10:13 AM
    benshometownflooring benshometownflooring Feb 19, 2016 9:37 PM Flag

    Philip, if you have something to say that is revelant and newsworthy, then just say it. If not, then don't. either way, I think I won't give a krap. It appears that receiving attention with post responses is more important than objectively sharing your knowledge about this company. I think we are done.

  • Reply to

    Brother, can you spare a share of MOSY?

    by phillippenquin Feb 21, 2016 6:52 PM
    benshometownflooring benshometownflooring Feb 22, 2016 8:09 AM Flag

    I think you are overlooking the value of their intellectual property.

  • benshometownflooring by benshometownflooring Feb 22, 2016 8:23 PM Flag

    Looks like small restricted share conversions..

  • benshometownflooring benshometownflooring Feb 23, 2016 6:50 PM Flag

    It's not me Penguin. As you well know, I'm prepared to go down with the ship. I have not sold a share, but then again I haven't bought any more either since $1.12. Time will tell the tale and I will be the first one to sing you praises if MOSY files chapter 11. You will get all the praise that would deserve. Until then, just keep tickling my funny bone will ya.

    Sentiment: Hold

  • benshometownflooring benshometownflooring Feb 23, 2016 9:06 PM Flag

    i buy American. Me and Donald Trump!

  • benshometownflooring benshometownflooring Feb 23, 2016 9:33 PM Flag

    stay tuned.

SKUL
3.46-0.13(-3.62%)4:00 PMEDT