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Technology Stocks : SNNT - Synthonics
SNNT 0.00Sep 17 5:00 PM EST
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To: Bob Rust who wrote (180)1/19/1999 2:30:00 PM
From: John B.  Read Replies (1) of 209
 
Hi Bob,
This is quite a frustrating company. From a technical operations standpoint they did very well last year. Agreements with Evans& Sutherland, completion of the Smithsonian CD, ongoing work with the institution, and progress with KnowledgeLink were nice achievements.

However, they certainly missed the boat in courting the financial world. They were unsuccessful (so far) in getting any broker coverage and/or additional private funding Regardless of their product set unless they can get a lot of revenue quickly or somehow get their story out to increase investor interest this stock is not going far from where it is.

Since I'm venting, I might as well get my licks in on their circa "1991" web site. They are a leading edge company and are supposed to have a participating director who is an "expert" in internet technology. I find it hard to believe that if this is the case that they (even with cost constraints) can't present a more appropriate face to the world.

In my opinion, this next quarter will be the big make or break. They need to show revenue for not only this latest quarter but also identify a revenue stream that will be continuing throughout the next year. (i.e. royalties, development projects etc..)

I haven't sold yet, as I think that the basis for my original investment still holds true. (Appropriate product in a dynamite market, timed to take off at any moment) but I'm sharing your frustration. The big question is; were we just ahead of our time or did we jump on the wrong horse. I'm voting on the former..... I guess time will tell.

JB
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