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VIXS SYSTEMS INC T.VXS

"ViXS Systems Inc provides smart network multimedia processor solutions. It markets and sells its products to providers of video processing and storage equipment who sells their products into the consumer electronics and personal computing markets."


TSX:VXS - Post by User

Comment by 31Floorson Apr 04, 2014 11:15am
151 Views
Post# 22411604

RE:Into some VXS.

RE:Into some VXS.If the best that this can do is $2 after the slew of news releases from the show, and if the seller isn't done it is going lower again.  Count on it.  There s/b some new poking around to offset; but the believers have been sliced big time and will they cap their investment or average down (again).  We'll know if the bad news was already priced in w the market reaction to the April 14 results release.  I haven't had time to review the balance sheet inventory levels but assuming we get a big writedown I have to believe that will not be a surprise.  What we should get however is everything possible that is positive emphasized, throw in the kitchen sink too.  All about the new product cycle.  All in all, looking a tthe charts and the $100m cap the downside has got to be very limited here.  OTOH, I agree Steve T is a pretty smart guy.  JMO but that's my thought process FWIW.
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