Vecima Networks Inc T.VCM

Alternate Symbol(s): VNWTF

Technology Communication Equipment

Vecima Networks Inc. provides evolution to the multi-gigabit and content-rich networks. The Company delivers software, services, and integrated platforms that power broadband and video streaming networks, monitor and manage transportation, and transform experiences in homes, businesses, and everywhere people connect. Its segments include Video and Broadband Solutions (VBS), Content Delivery and Storage (CDS), and Telematics. VBS segment includes platforms that process data from the cable network and deliver high-speed Internet connectivity to homes over cable and fiber, as well as adapt video services to formats suitable to be consumed on televisions in commercial properties. CDS segment includes solutions and software, under the MediaScale brand, for service providers and content owners. Telematics segment provides fleet managers with the key information and analytics they require to optimally manage their mobile and fixed assets under the Contigo and Nero Global Tracking brands.

TSX:VCM - Post by User

Vecima Networks Inc

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Comment by StompinTomon Feb 12, 2015 10:34am

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Post# 23421830

RE:RE:Looks to me like some of this drop is being Engineered

I agree. I went in on this stock as with the low volume of trading, shares outstanding and valuation, the chance for "engineering is quite low". This is just the market speaking. Retail had driven it up going in to earnings and while it is not a disaster, it is not 20% growth like people were hoping for. Add in the big spreads that happen and a few people taking profits and you have a big move down. I'll be minding my stops. Also would like a comment on why they need $50m in the bank; with luck the conference call sheds some light on it.

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