RE:RE:LD Microsystems stocking stuffersDelayed testing doesn’t necessarily mean anything of a negative nature. If the company didn’t have 36 Design Wins in place at various stages of the process, the I would feel some concern!
To my knowledge the product has been certified all the way along the road to actually generating sales which could show up in Q4.
Q1 revenue 800,000
Q2 recenue 800,000
Q3 revenue $1,200,000
Q4 revenue if the revenue related to the DC chip sales is booked before year end should result in revenue of $2-2.5 million. ( conservative based on past results, could surprise a little above) If VR can produce $1.2 in a recovering market and DC revenue from their announced sales can add something close to $1-1.2 million this qtr, you have a respectable quarter.
I don’t know if this alone would move the needle up much, but should keep the stock from getting spanked any further for now!
The real play will be Q1-Q2 2019 results! We should know with 100% certainty by this time if we have been holding a potential multi bagger in disguise or something other than I am hoping for!!!
( multi bagger from these levels for sure, depending how successful from entry price of .40 cent will remain to be seen. I have positions in the lower range and also in the ..30 cent range)
Used most of my dry power between .15-.20 range recently)
Multi baggers are hard to find, and many usually get shaken out before the company bears fruits!!