Everyone in the world will be monitoring their bodily functions and don't forget those steps you take!
Ooh, I am about to have a bowel movement in 3.2 seconds! I took 10 steps this time as compared to 15 while traveling to the bathroom (must have been that metamucil).
Oh yeah, and if you have to monitor you heart rate through your new ugly watch, then you really should not be outside the hospital.
Nobody is buying it. Here is my intuition again. These wearables are going to be a FLOP. Junk just like to PICO garbage you raved about. What do you have to say about that? I was right then, and I will be right again.
I see them on the store shelves and they continue to stay there. Maybe they will be a nice novelty item (just like I said about the PICOs), then they fade again.
So is Qualcom with their snapdragon processor and what did that bring them? And Samsung, and also Kyocera. Quick just gets lost in your hype.
This game you play with trying to ride on the coat tails of other companies they have partnerships with is not working. It has not in the past and it will not now or in the future. Keep on slinging this dung all over your face.
Where did you get this news from? I could not find it anywhere. Please tell us your source.
OMG!! and Peel did that all without QUIK. Your feet are going to be useless if you keep shooting yourself in the foot. Why pay dozens times more with QUIK attached when you can do it alone. QUIK probably pays PEEL in that arrangement that is also not disclosed. Its a complete joke.
What is your point? You bring this pumping POS headline to the top and all it does is show how clueless you are. My posts are just getting better. Maybe I'll just create my own thread with the top ten reasons to run away from this stock.
For someone who is starving for facts, you really don't add much to this board. Go dig up some industry statistics from IDC or something and try to associate it with what this company is trying to reach into. It's real easy. Everyone else does it, and it only proves that QUIK has a teeny weeny part of it called charity work. QUIK has watered down the use of terms "innovator" and "pioneers". Whenever you see a company do that with staggering losses over many years and a few million in revenues, and missed forecasts, look the other way.
I am factually correct with what I am stating, but if you go to the 10Q you can dig the other facts if you want. Net tangible assets of 18MM for loans and credit lines to remain open, approximately 11-20 MM of cash that will be restricted to lock in manufacturing arrangements (11MM back in 2001 and should be way up from there),
The problem with continually relying on facts is that it is not the facts that you should be worried about, it is the unknowns that nobody talks about. Most of the assessment comes from just industry knowledge and common sense that is not so common. Intuition and judgement also needs to be strong. Other people put so called "tea leaves" together to come up with a long opinion. I have mainly used 10 years of experience in following this company among many other technology companies along with my financial services experience of 23 years to come up with my opinion.
One thing you definitely need to know is that with the technology boom that hit back in 2001, most of the winners especially in hardware have already been selected or maintained and have too many resources and strategies to stop anyone to come into a field with an earth shattering product even if it seems to be great. QUIK has been around for a long time with very limited success. They fell from the sky back a long time ago and never recovered because of the prior management in this company. They were mediocre at best with their products and treaded water for a long time. Now they are trying to revive themselves in a very competitive environment that they have no means to compete in. Innovative companies make their own technology and do not use others. Quik has not innovated by licensing other technologies (apical) or the PSBs. They have an old architecture and a few tricks that put some lip stickon it. Many people have said that the sensor business will be commoditized very easily once it starts and QUIK is not in a position to be dealing in commoditized product
Do you see the investor conferences they've been holding? Do you think they are doing this to talk to people like you and others on this board?
I am sure if a secondary was done tomorrow, everyone here would say it is great and it is a great opportunity, smart management. But the investors really don't know why (i.e., YOU). But in reality, it would be probably the 6th, or more secondary over the past 7 years.
Well, I guess you don't know the companies financial situation. There are loan covenants that require a certain amount of cash based on the balance sheet, otherwise, they can call for the loan to be paid. There is also a large portion of that put aside as restricted cash as for the manufacturing agreement with the fab they hire to produce the stuff. All of this puts them in a precarious position over the next few quarters. Do they raise cash for a cushion NOW while it is still in the 2 dollar range and investors still have an appetite for them or do they wait when it is way down on bad news and they risk not doing a secondary and going out of business.
Who is Saygus? Another costly small one-off production win that will incur losses.
Also keep an eye on those investor conferences and the price action. They will do a secondary before the stock goes up again. This will be another repeat of allowing shorts to cover through the secondary. These are not retail shorts either if you know what I mean. The fix is in.
I am not the one wondering why the stock did not move much higher on this announcement. This is another one of those one off products that contribute to the never ending losses, never a flagship high volume product.
This was also expected and baked into their forecast, so there won't be any more announcements coming soon. Sorry Charlie. Keep holding the bag or get out.
Andy Pease- As discussed on our July conference call, we continue to work on an application with a Tier 1 consumer electronics company to support a RGB to MIPI bridge in a new digital still camera design. This design continues to progress and I expect it will move into production in 2014. We are excited about opportunities for CSSPs in smart connectivity segment. During Q3 we continued to ship CSSPs to support Kyocera’s dual big Note II smartphone as well as its HoneyBee 5 and Stola PHS handsets. We also won a new smart connectivity CSSP design with another PHS handset supplier. As we forecasted last quarter we initiated shipments during Q3 to support two new handset designs both of which used two CSSPs. Last quarter I said we had e several new active engagements for smart connectivity designs. I believe we will get into production commitments from these customers during Q4 and that the designs will move into production next year.
What we have here is maybe some singles, strike outs, and benched activities.
Kathy, this is a big fault of yours and many others. You listen too much to their "wall street" speak. AP is is not going out on a limb when he says "he believes" in something. He could say he believes in flying pigs and will never get in trouble for it. Look at their safe harbor statements every time they have a conference call or press release. They have been believing in significant revenues for many many years and it has not turned into anything significant. Those are facts that you choose to ignore.
Ralph Marimon - Chief Financial Officer
Thank you and good afternoon. Before we get started, let me take a moment to read our Safe Harbor statement. During this call, we will make statements that are forward-looking. These forward-looking statements involve risks and uncertainties, including but not limited to stated expectations relating to revenue from our new and mature products, statements pertaining to our design activity and our ability to convert new design opportunities into production shipments, market acceptance of our customers’ products, our expected results and our financial expectations for revenue, gross margin, operating expenses, profitability and cash.
Junk. Waa haa haa.
Market has voted NO on this one. Do you hear that sucking sound? Thats the air leaving this stock.