Mike, thanks for the suggestion, but the reason why the comparison
between PTEC and SYSF is so valuable is not only because they
are in all the same businesses (BIOS, PCMCIA, power management,
USB, "call avoidance", special PCs, etc. ), but
because SYSF is a spin-off of PTEC. What makes the comparison
exciting is that SYSF has a price that is 4-5 times that of PTEC, even
though it is smaller. Almost all of that price difference is based on
speculation and self-promotion. Can't you see that this type of situation is very
unique, and therefore exciting? Some are betting that the little brother
will quickly grow up and become much more successful than the
bigger brother.
To me, it's kind of like an arbitrage situation where in one city product
X sells for $10 and in a city 90 miles away product X sells for $30.
If I can buy a bunch of the $10 supply and transport it to the other city
for $5 per unit, I can make $15 profit. The question is, are PTEC and
SYSF close enough to the same commodity? I think so. If so, I would
buy PTEC at $17 and not SYSF at $70 (pre-split price).
As far as PTEC/Cybermedia updating software over the web, that
is not the same thing as having to use the web 90% of the time
that you need to solve a problem. It is the latter that I found
impractical, and that is what the main analyst on SYSF portrayed
as the SYSF solution. Updating software automatically using the
web is fantastic and far superior than any other way I can imagine.
PTEC didn't just step into the "help desk" or "call avoidance" market
this week. They've been in it for as long or longer than SYSF. SYSF
has just been promoting it longer and harder. This is really exciting
isn't it. Don't panic if you own SYSF and don't worry about comparisons.
They are as important to the growth of investment capital as competition
is to the growth of an industry or economy. |
