RE:Will be sorted one way or anotherMisbrandt wrote:
once we see next quarter revs. Seriously though, these guys have done everything right. They have their product is almost all of the major AR/VR offerings, not one not a couple, like all of them other than a couple. Spectra7 can't influence the adoption of VR/AR. A far as I can tell, their production issue was completely due to a major industry shortage that affected many companies (and consequently didn't cost spectra any contracts, again because there was nothing they did "wrong" or poorly). Raouf said they would be in Data Centre interconnects...guess what, they are and they are in with some of the biggest names in that industry. The company is doing everything right. If you aren't happy that it hasn't been enough and maybe the assumption about the market they operate in are not coming to be fast enough, go invest in something else.
I agree 100% with you.
However don't expect Q2 number to show a lot of datacenter revenue.
It won't come before second half of 2018, and maybe late second half of 2018.
Remember it took from DesignCon 2017, when S7 first introduced their product, to DesignCon 2018 when interconnect suppliers introduced S7 products. 12 MONTHS.
So let's not expect interconnect suppliers to close a lot of deals the next 3-6 months.
It is a new product on the market and it takes time to be accepted.
Also from the day S7 receives order from interconnect suppliers they need 1-3 month to produce the chips before they can book the revenue. They will not produce this chip before they have the orders for it cause they have no history of sale for it, so it would be too risky.
(Even they just received fresh money, they are still tight, and cannot be used to keep a stock)
Untill then I think share price will not move much, as we are in a "show me the money mode" right now.
Hide away this share for 12 month after which I think you will be happy.