It is very much loaded with the heavy metal.
It is not good for the mud,
but can be very good for the future profits.
Some investors are waiting for free shares, maybe?
It is not going to happen!~
This is absolutely BS:
""Because our products are highly complex, it takes our customers 12 to 36 months to go from sample availability to first customer shipment as customers do the necessary development work to complete and qualify their systems in the network. Since it typically takes an additional 12 to 24 months to ramp into full production"
If they are not completely idiots they should have some
heavy customer commitment even before
their chip/component design is completed and ready.
If their customer is really interested then all what is necessary like
PCB, software, test/verification plan of the customer final product
will be ready the same day when first sample will be available.
Final product should be assembled in next couple days and
complete test/verification should be done
in next couple weeks.
Everything else is just pure BS and excuse...
Just to confuse public maybe?
China is running dry?
How do you know?
Do you want to start some kind of rumor?
It looks like.
There is no logic in silver going down and miners doubling.
Unless if most of miners are going belly up.
I tell you what.
Vitesse never competes where it is worth to compete.
That is why their POS is $3.695 and CAVM is $52.28.
But how Camarillo company can compete against Silicon Valley company?
I wish you guys the best and hope that Vitesse can make some money for you.
But be realistic
"...or maybe INTC will just buy VTSS?"
INTC buying some old fashioned data buffer maker?
Tell me what Vitesse have and Intel have not?
I tell you what Intel have: PROFIT!
Are you telling me that Brocade, Broadcom, Cisco
do not have their hardware designers teams
creating ASICS, FPGA, Custom Components?
For their own use and for their customers?
They have all kinds of power management features
fitting exactly to their system needs.
If something is high volume and high margin
that belongs to their design teams.
Vitesse can get some crumbles like couple sockets
for low volume, low margin components.
You got to be kidding.
Those companies "Brocade, Broadcom, Cisco" and couple of others
are doing nothing else but switches, switches, switches..
The best in the world.
Vitesse doesn't even have now their own technology.
Just wait for Intel going into IoT with their super foundries,
they will eat Vitesse alive.
Then tell me about sells and profits...
$6 by November does not cut it
If not split then what?
doubling P/E? how?
I would love to have Lou behind the wheel...
Tell me what they can do better than Brocade, Broadcom, Cisco.
So far it is nothing, plain simple nothing...
Then they better hurry up because winter is coming just after fall.
And how they return if they never had it in the first place?