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Gold/Mining/Energy : Sideware Systems - SYD.u/V, SDWSF -- Ignore unavailable to you. Want to Upgrade?


To: KrisCo who wrote (4063)8/24/1999 12:29:00 PM
From: WBC  Read Replies (3) | Respond to of 6076
 
Read the whole article. I don't see how it applies to SYD.

I've been lurking on this thread for a while and I'm sorry, but I can't sit back without expressing my concerns over this stock.

I am neither long nor short and have no vested interest in it's performance, but it really bothers me that:

1) All press releases talk about "the product is showing at "x" show or conference", "Trials are underway at XXX….this reminds me of a penny mining stock promotion that says "we are drilling next to the Internet property" !!!….. another VSE promotion ?

2) There is increasing competition by companies that have real orders & revenue. Discount all the hype……Where are the orders ? This is a software company and should have made some revenue from the flagship product instead of insignificant chump change from the sale of hardware ? There still are "zero" reported sales despite lots of testing and trials, etc.

3) Announced deals are with very minor players.

4) Top heavy infrastructure costs increasing with every press release.

5) Where are the latest financials ? I can't find any quarterly financial releases anywhere.

6) Everything is being spent on "investor relations and marketing" and probably not enough on product development.

7) It seems to be all window dressing…hoping some larger company will buy the technology.

There…I've gotten it off my chest. I may be wrong, but my gut tells me that there is more hype than substance in this stock.

A company at this stage of product and marketing development should not be publicly traded.