>Here is a old clip from Briefing.com. Any comments?
yeah, it came out 30+ points ago.
but brevity has never been my specialty, so i'll go on.
after that "briefing," VTSS went on to report $0.24 in Q3 with over 85% of this quarter in the bag. regarding Lucent outsourcing (to contract manufacturers that VTSS supplies), in essence, it means that visibility won't be what it used to be. bottom line: VTSS still supplies the ICs, the end customer is still LU, but the contract manufacturers won't hold as much inventory as before; hence, historical reporting metrics and book-to-bill won't look as stellar.
will VTSS "correct" in the near-term? perhaps, but not due to fundamentals.
IMO, more legit concerns, as opposed to deciphering technical charts, are the slowing automatic test equipment (ATE) market and future competition as VTSS diversifies its product mix, moves into higher layer functionality and takes on previously unmet competitors.
believe it or not, we need someone to stir up this board, flodyie. this guy tried last october too:
Message 5886065
my response, if you're interested, was (practically) the same:
Message 5887002
ok, i was younger and more playful then.
cheers,
-chris. |
