SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Vitesse Semiconductor
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: mopgcw who wrote (4226)10/21/2002 8:27:57 PM
From: Lizzie Tudor  Read Replies (2) of 4710
 
VTSS had an impressive cc, imo.

Progress made moving away from original LH business (which used to represent 70% of revenue for VTSS in 2000) to new markets of : Storage (2Gbit only), Metro and Enterprise.

LH is declining but other 3 mkts are growing 10% qtr/qtr.

VTSS seems to hold premier vendor slot in 2Gbit storage. Qlogic does not compete, they are in upper layers. TI and Agilent are competitors.

Fabless business model planned by 2003.

VTSS bought down debt this qtr and in the first few weeks following the eoq so debt now stands at 195mm. Cash burn is declining (target 10mm jan qtr) and break even target dec 2003.

Those are the big highlights for me, detail notes in next post. Lizzie
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News