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So you agree, but you still think they don't contain S7 chips? Then you Don't agree. I am Certain they use S7 chips. You say they don't.
That's not agreement. It's OK to disagree, but your reasoning for doing so is really bizarre. THE CEO has Told us that contain S7 chips, but YOU say they don't.
Hmmmm
I agree future. I looked it up myself and came to the same conclusion. Even gave it as a reply to S7 but didn't get a further feedback on that. I also tried to reach out to Nreal but got no reply
Fact is that S7 did not confirm that they deliver for Nreal Air. Not in a News release and not when I've asked them. The only Nreal news we got was on the Nreal light https://www.spectra7.com/nreal
100K AR glasses would mean quite the volume on AR/VR chips and a mentionable part of the 11M US revenue. S7 did not mention anything on that. They only talk about the major console supplier deal when it comes to AR/VR business.
All this together makes me think there is indeed no S7 inside the Nreal Air. The AR glasses are tethered but I'm sure S7 would know if they supplied for this model.
NBRTNS, this quote, which you just posted, should be all you need to see that whoever told you that HAS NO CLUE!
"Although we believe NREAL Air is a stand-alone headset and not tethered. "
Does this look like a Stand-alone headset to you?
https://s.yimg.com/ny/api/res/1.2/_ueU6yWrf2UU5BswtJSeNg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTY0MDtoPTQyNg--/https://media.zenfs.com/en/herald_scotland_359/e0024cd73a2c6149e473c08837cfbb19
https://www.digitaltrends.com/wp-content/uploads/2022/11/IMG-0018-1.jpg?p=1
What do we know on what should and what should not be communicated via a PR? We are not lawyers, nor do we know the specifics of the particular agreements. I personally put this to rest and let it develop its natural way. Not saying everybody should do the same, but too much of speculation around the topic won't help. We (and the world) will know the details when the time comes, or when someone will get to tearing down one of the production instances of the glasses/cable.
Raouf said to me Nreal has our chips. More i don’t know
Then why this was never officially communicated? If Nreal would sell 100K of these and there would be 2pcs S7 chip inside, it would mean a nice contribution to the 2022 Revenue (at least a couple of %)
I got my reply end of October last year coming direct from C-Level of S7.
Yes i can confirm
S7 did not confirm to me Nreal Air is using their chips. And I was not talking to Darrow. So I assume Nreal Air isn't using the technology.
Also there was never a NR on it
That's a ridiculous answer from Darrow. Nreal Air has been out for over a year. They've sold over 100,000 units. It has a single cable. You can buy one on Amazon. You can SEE the cable. Spectra7 has told us it is their cable.
Geesh.
The Nreal Air announced in the end of 2021 does contain our chips though. At least here is the reply from Raouf to the question I asked at the time: “ These contain Spectra7 ACC chips”
However the Apple news of developing a cheaper AR/VR headset (HMD) is interesting.
An article about this: https://www.macrumors.com/2023/01/17/apple-cheaper-ar-vr-headset/
I wouldn't look to much at NREAL. Since it seems that the NREAL Air does not contain S7 Technology. I have asked this question directly to S7 (not those IR clowns at Darrow)
The Reply:
"It is our understanding that our chips are in their tethered headset. Although we believe NREAL Air is a stand-alone headset and not tethered. "
Apple delays production of AR Glasses indefinitely, and I can guess why. Apple has stopped pursuing its AR glasses plans due to "technical difficulties." Just what are these difficulties? It's pretty easy to guess, at least in Apple's case.
Apple mobile tech is all about Wireless, but AR Glasses of any decent quality simply need the massive computing power and battery power of, at the very least, an iPhone or similar device. Apple has realized this, and they would rather shelf their plans than offer a Tethered option, like Nreal.
That's fine with me. Apple now realizes that Good AR Glasses NEED a cable connected to a mobile device. So does Nreal.
The difference is Nreal is willing to go with the tethered option, and they will succeed (using Spectra7 cables), while Apple will stay stubborn and refuse to tether.
Go Nreal! Go Spectra7!
PSVR2 Limited to One per Household, Due to High Demand.
If you try to order the PSVR2, you can only select One unit. You cannot purchase multiple units due the very high demand.
That's good news for Spectra7.
Awesome post NBRTNS. That Texas prototype link is a real eye opener. I need to process it further. Thanks
There was another interesting part in the December interview with Halim.
Start at 8:20 of the video.
A new Belgian investor send me an interesting article this morning. It explain the battle between the copper and the fiber, or as Lebby said in the past 'the marriage'. But at one point optics take over.
https://www.cablinginstall.com/blogs/article/14280135/commscope-copper-in-the-data-center-network-is-it-time-to-move-on
But it's not just the cable. The switch (box) plays also an important role in upgrading DC's to higher speeds. In order to be successful, a company like Spectra7 and/or Credo needs both, imo
https://www.cablinginstall.com/blogs/article/14280135/commscope-copper-in-the-data-center-network-is-it-time-to-move-on
What is not mentioned in the article is that you always need an modulator when you use a AOC cables and thus increase your capex and opex.
AOC is the future, (in the end) Lebby really needs to puts a product in the market to kill off copper. That's not the case today. Copper is still a player.
Speeds are going up per 100G and you have no choice but to use S7 ACCs or Credo's AEC. That's how I see it anyway. DACs are out.
The Sidoti summary of Spectra7:
Spectra7 is fulfilling chips to enable a top global console game makers AR/VR headset due to launch in February 2023.
Spectra7's Active Copper Cable is critical to global datacenter expansion meeting both power and bandwidth requirements, at both lower capital and operating costs.
Spectra7 Active Copper Cables are designed in to all major hyperscale datacenter providers, including AWS, Microsoft, Tencent, etc.
That pretty strong, imo.
In the last interview the question is raised that there were compatibility problems with Microsoft in the past. huh? That's is very strange and, in my opinion, to ask that question that way. I've never heard Microsoft mentioned before nor did I miss it. Plus this is not about the cables but about the switch (in the box).
Microsoft apparently works with AECs because of those compatibility issues. It's a better option I was been told by people who follow CRDO. But something is changing or has changed. If Microsoft is testing S7 tech, that's because of the better value they get from opex and capex.
Suppose S7 can 'show' Microsoft they could build a better system (ACC's with better matching boxes) like they did with Sony then we really hit the jackpot. And I don't think we have to wait for 2024 but that's maybe just wishful thinking.
Now their TAM is 1 billion (cable's) but with better box technology S7 could expand TAM to 3 billion. Also in the interview. And that for a small company with a market cap of under $20M.
I do like our chances here. We are building our revenues. Our margins are improving. Sony and Tencent are revenues. Microsoft expands our TAM and could be potentially be massive.
Spectra7 is a screaming buy, imo
Spectra7 cables might allow these guys to reduce the cooling requirements and stay out of the news.... https://www.popularmechanics.com/science/health/a42011194/crypto-mine-noise-murphy/
Short Interest: I just read on another forum that "Short interest is up." How amusing. Short interest rose from around 12 thousand shares to around 15 thousand shares. I pulled out my PC calculator and did the numbers. Short interest is up exactly 0.00006. Yes, that is an infinitesimal number, yet someone found it useful to try an introduce doubt into others' decisions of whether to invest.
The takeaway? You might want to consider questioning others' motives when they post on message boards (This would include my own;)
Nreal just crossed the 100,000 units sold mark recently. I too hardly ever review anything I buy, but I'm actually surprised there are so few.
Still early for AR to bring significant revenue, but it's coming. Apple believes AR will replace mobile phones within the next decade, so that's quite a vote of confidence.
It will never be the biggest source of revenue for Spectra7, but it will definitely be bigger than ALL of their current revenue.
We WILL one day garner over $100 million per year in revenue, and the stock will be over $10 a share by then.
Just my thoughts.
The Nreal glasses are getting about five reviews a day. Not sure of the purchase to review rate.
I've never reviewed any Amazon purchase myself.
They have stated it in several past investor conferences like LD Micro, etc. I will search for a few and post if I find them, but in the meantime I would suggest trying to find these past conference videos. The CEO either mentions it in the presentation, or in answer to questions at the end.
I'll try and find some too...
Can you link to that? Haven't been able to find much on ASP for their various chip sets
I think scenario 1 is the higher probability.
That's not entirely accurate. Let's say they don't fully deliver on data centers. I believe they Will, but let's just say they fall short.
So we have Two Scenarios:
SCENARIO ONE: Everything goes as they say and they deliver, the stock goes to $8 like you said.
SCENARIO TWO: Data centers fall short, but their AR and VR sales grow incrementally as adoption grows around the world, 5G and Automotive steadily grows, and their eventual sales become, not hundreds of millions per year, but only tens of millions.
With this second scenario, the stock will still grow incrementally from here. It will Not go back to 30 cents. It will grow slowly over time to $2, $3, etc.
So even if data centers were to fall short, we still have a multi-bagger.
But I am very confident we will see Scenario One instead, and have a Mega Bagger.
If they deliver on DC sales its an $8 stock this year. If they don't its back to 30 cents.
Correction to Earlier Post: I wrote that they get $4 - $7 Per Chip for PSVR2. In fact they make around $4 - $7 Per Headset, not per Chip, as shown in historic documents for VR headsets.
But that is still a great side business while the data center business ramps starting now, with North American hyperscalers adding to Asia Pacific in the second half as well.
This will be a $4 stock soon, in my opinion.
I am offering additional shares for sale in the low.60s. Get them while they last.
Ok breaking even on one account..that i bought at 0.58
&
Other account I am in at 0.012
Bonnie said they could list in U.S. (NASDAQ) easily withing just 30 days of meeting the qualifying stock price thanks to the Multi-Jurisdictional agreements between US and Canadian Securities Markets. They don't need to wait the 90 days.
She expects this to happen in the not too distant future.
THREE Chips per Sony PSVR2 Unit! Bonnie stated that there are Three chips in each PSVR2 unit (Of course, she couldn't say "PSVR" but she did state the obvious " Top global gaming console headset).
That's awesome. Each chip sells for anywhere from $4 to $7. And with Three in each unit, that's around $12 to $20 per unit, so for each million headsets sold, that's, of course, $12 million to $20 million in revenue!
and this just from Sony alone! Plus all the other VR, plus NReal. Once Data centers kick in full steam, we are at $40 Million a year going forward and climbing rapidly from there!
Wow, I'm happy.
Great ! IMO Bonnie is a better presenter than Halim. Her style is calm and she goes into more details
4 USD is still a long way to go for Nasdaq listing. Last week the SP was 0.50 CAD so that means a 10 bagger from there to reach requirements.
Its also interesting to know that they work with distributors in Asia and that North American business is often supported direct
Would the North American opportunity relate to the 112G PAM4 ACC model?
This was the one Halim was mentioning in his talk last month.
$4 trade would be a 134 Mill USD Market Cap
They (S7 ) will likely be acquired ,imo, before ever seeing Nasdaq
NASDAQ Listing Req: Currently traded companies qualifying solely under the Market Value Standard must meet the $75 million market value of listed securities and the $4 bid price requirement for 90 consecutive trading days before applying
New Sidoti Presentation by Bonnie Tomei and Raouf Halim.
Yes Good to hear Raouf again stating North America is an exciting opportunity. More news to follow.
Looking good guys for the 2H23 to get some good news on the North American Datacenters revenues.
Uploading asap
My takeaway , US Data centers are qualifying equipment now and S7 is in regular contact
Will you share a video as usual Steve?
Unfortunately can't attend the meeting (in the gym to invest in my health)
I want to thank whoever bought the 8100 shares which I sold at the opening for .5884. I hope you make a lot of money.
I'm sure she sold at the bottom and the CEO was waiting for that before going full time!
Reposting today's event.
Spectra7 is fulfilling chips to enable a top global console game makers AR/VR headset due to launch in February 2023.
Spectra7's Active Copper Cable is critical to global datacenter expansion meeting both power and bandwidth requirements, at both lower capital and operating costs.
Spectra& Active Copper Cables are designed in to all major hyperscale datacenter providers, including AWS, Microsoft, Tencent, etc.
https://sidoti.zoom.us/webinar/register/WN_Q5JQgUd9S_Cn51DsCdzseA
Great stuff. I've put it on twitter
Thanks Myles @parolePSVR for showing that cable. The cable is made by Spectra7 $SEV.V #PSVR2 pic.twitter.com/nwsFJSLeYQ
— Steve Schiets ⭕️ (@SchietsSteve) January 19, 2023
PSVR2 cable in more details see in this video. Start at 6:34
Especially in comparison to these peers CREDO, LWLG, POET, Macom
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