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
FREESA PRO MEMBERS
IDEA GENERATORXExclusive access to 10 PRO ideas every day
INVESTING IDEAS LIBRARYXExclusive access to PRO library of more than 15,000 ideas
SECTOR EXPERT NETWORKXExclusive access to all sector experts for direct consultation
PERFORMANCE TRACKINGXTrack performance of all PRO stock ideas
PROFESSIONAL TOOLSXProfessional Idea Filters to zero-in based on industry, market cap and more
PRO Top long ideas returned 21.7% in 2016**
"As a PRO member, we get uniquely valuable perspective that go beyond our quantiative analysis... We rely on PRO to get beyond the numbers quickly and add much needed perspective. It keeps me ahead of the next big thing. - Mark Choate, Malaga Cove Capital"
Mark Choate, Malaga Cove Capital
"Contributors (writers and commentators), often have a long history in the secuirities they opine on and some are clearly well positioned industry participants with detailed industry views that can help provide color on where the skeletons are buried in a particular secuirity and/or industry."
Jim Roumell, Roumell Asset Management
You may cancel at any time for any reason, and receive a prompt refund for membership on months paid and not used (max. 6 months). Details