Darspal S Mann
Long/short equity, growth at reasonable price, special situations, deep value

Comeback Of Profitable Growth Should Take Vitesse Higher

Executive summary:

  1. First time in many years, Vitesse (NASDAQ:VTSS) is growing revenues, expecting profitability and is in a net cash position
  2. Growth rate of leading indicators like design wins and new product revenues is accelerating
  3. There is a big gap between earnings potential for 2014 and street's expectation of a loss
  4. Near-term, the stock has potential for more than 50% gains


Vitesse Semiconductor Corp. (VTSS) stock has not done much in the last few years. For last many years, Vitesse was a technology company with negative growth and a net debt position in a sector that was going through capital expenditure constraints.

Much has changed in the last few months to warrant an in-depth...

Join Seeking Alpha PRO to read this archived article and 11,574 other archived articles
  • Access Top Ideas, chosen by Seeking Alpha’s editors
  • Filter long and short ideas by market cap and sector
  • Get Coverage of over 5,000 stocks, many of which have little or no coverage elsewhere
"In just the first month of using PRO, I used it to generate two ideas which were actionable for me. As a result of these two positions, I have earned more than 20 times the annual subscription costs for PRO." Michael Yagemann, Greenbridge Capital
"I am pleasantly surprised with the scope of small and mid-cap coverage PRO offers. You can't find that any where else." Patrick Rice, Mainstay Capital Management
100% Satisfaction Guaranteed
Money back guarantee. Seeking Alpha PRO members receive a no-questions-asked refund for membership on months paid and not used. Details