I hear a lot of negative information from people who have lost money on Syqt Of course, I have watched their numbers for about a year now and bought in at the low so I don't stand to ever lose that much.
Here are the facts (regardless of the information brought out by SYQT bashers who failed to bail out months ago):
1. Ezflyer is selling. Not phenom, but selling.
(syqt could not survive only on this product.)
2. Syjet is selling.
(A friend of mine tells me that the orders are tremendous! If what he says is true, turn-around is not far off. Maybe 1 to 2 quarters)
3. Advertising is increased dramatically.
(Two months ago, you were lucky to hear anything about syqt. Now its all over the place. Packaging of the product is far more attractive than Iomega's alternative also.)
4. Take-over prospects are good to better.
(With the large amount of r&d pumped into the syjet, you could buy the company cheaper than you could develop your own similar product, AND you get the Ezflyer in the same package. Not to mention that a company who purchased syqt can get a shot at the French removable cartridge maker on a hostile maneuver that would knock the wine and cheese out of their mouths.)
5. Bankruptcy is not likely.
(Cash on hand is there, long term debt is comparatively low.)
The summary is that syqt, while not necessarily out of the woods, is in no immediate danger from an investing standpoint. In fact, its quite a bargain. On the opposite side, I wouldn't expect it to sky rocket or go super nuclear just yet either.
A friendly bit of advise to those who are negative on the stock:
"Stocks go up, Stocks go down. Do your own research and quit complaining. Nothing is 'guaranteed'." |
