CT Programmer

Samuel Sanmina: Last Remarks on Syntax-Brillian

You were right, and most of us responding to these articles bullishly over the last year were wrong. What we took as an attempt by management to actually save the company appears to have been a setup to just transfer the assets to another company (probably with Li at the helm). Book value doesn't mean squat when the board dumps all the assets to a shell company and sticks it to the stockholders. Maybe the court will see that and refuse it, but I'm not holding my breath. Currently, the stock is worth less than the commission I'd have to pay to sell it, so I'll just keep it. But however bullish I was on BRLC and a possible turnaround, in regards to crazz's comment, if you had your life savings in BRLC stock --- man, you were crazy. I wouldn't put all my life savings in ANY one stock. McDonald's, Exxon Mobil, GE, whatever.

Left-for-Dead Syntax-Brillian Should Jump on Bullish Note

The stock IS a dog right now. But long term its got the potential to go higher. They are a bargain brand that has received quite a few good reviews of their products, and their management (slowly) is getting its act together. The recovery will be in spurts like this where fewer and fewer people think its a dog and it starts its march upwards. By the time anyone thinks a stock is no longer a dog, most of the big money has already been made, although I'm sure they'll short it now in the hopes that time will drag on this boost and wear it down, especially with negative "news" (i.e.; Sammina) reports outweighing positive ones by about 5-to-1. Besides, its trading well below its book value right now. This has more upside than downside.