SYT 0.00% 0.1¢ syntonic limited

SYT General, page-977

  1. 5,887 Posts.
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    "All I can say is thank goodness for the CR and the upcoming OTT."

    The logical attitude to have at the woofer end of the market is that all specs are guilty until proven innocent, because they all make positive claims, yet less than 5% succeed. And there's plenty of evidence that things might not be as rosy as posters claim:
    • Claim: No CR because of short-term Freeway revenue > Outcome: CR happened, and Freeway trials extended rather than producing significant revenue.
    • Claim: The original RTO was for Freeway and Dataflex > Outcome: Those products haven't succeeded after 3 years (IIRC).
    • Claim: Milestones are meaningful > Outcome: Milestones increased probably because the original milestones were shown to be meaningless.
    And that's just off the top of my head. So when management place OTT as the new priority, it could be moving of the goalposts to cover past failures, or it could really be a great opportunity. Using the principle, "Spec stocks are guilty until proven innocent," means that we should be sceptical.
 
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