Special Situations Investing

Can Syntax-Brillian Compete With Vizio?

BRLC has a very risky business model with ~50% of sales coming from South China House of Technology, and most of their manufacturing work done by Kolin, which owns a significant stake in BRLC and at times has acted at less than arms length. There was excellent research written on this website regarding BRLC's use of reserves to lower their COGS. BRLC at this time is an excellent short candidate unless their business model is improved and they report their numbers more honestly. The electronics industry is too competitive to have a dishonest management team that is asleep at the wheel.