NEW
YORK, June 14,
2017 /PRNewswire/ -- Kerrisdale Capital, a private
investment manager, announces its series of follow-up research
notes elaborating on ViaSat's (NASDAQ: VSAT) doomed business
outlook, following Kerrisdale's 60-page report detailing its short
thesis released on June 13. In the
coming days, Kerrisdale invites investors to visit
www.FactsAboutViaSat.com for the next ten points that further
elaborate on the challenges facing ViaSat. Our research
series will examine the following topics:
- Capacity limitations that severely mitigate the effectiveness
of ViaSat-2
- Debt and equity markets do not agree – who is usually
correct?
- Beam-hopping is hype and a failed experiment
- OneWeb – looming threat from a global $300 billion partnership
- The hidden cost of subscriber base migration – CPE, labor,
churn, and impairment of deferred revenue
- Network speed analysis and projections for ViaSat-2 – why
bullish subscriber estimates are wildly unrealistic
- ViaSat-3 – will metrics be irrelevant before it even
launches?
- How vertical integration has narrowed the company's technology
ecosystem and limited strategic options
- Dual-band technology and the potential loss of government
contracts
- Real-world ground terminal and backhaul cost analysis
Kerrisdale believes that ViaSat is worth 50% lower than the
current share price, as ViaSat faces increasing obsolescence in its
core residential internet segment. The full report can be
found at http://kerr.co/vsat.
Kerrisdale has a short position in ViaSat and stands to benefit
if its share price falls.
About Kerrisdale Capital
Kerrisdale Capital Management, LLC, is a fundamentally-oriented
investment manager that focuses on long-term value investments and
event-driven special situations.
Contact
Agnes
Cao
Kerrisdale Capital
acao@kerrisdalecap.com
212-257-4385
Kerrisdale Capital Management,
LLC is a member of the Financial Industry Regulatory Authority, CRD
number 160804.
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/kerrisdale-capital-outlines-follow-up-research-series-on-negative-viasat-report-300473831.html
SOURCE Kerrisdale Capital Management, LLC