RE: PanzerI never meant to shoot SMY down........and I don't think I did.
I personnally believe that SMY is way overvalued.......I regret however my thinking as I thought so even when it first appeared on my radar.....near the $1.50 level.
The numbers I quoted I took from TD Waterhouse Webroker Select.
Now to rebeuttal your rebuttals.....
a)Rebuttal: SMY is still in pilot stages, using revenue as a share price indicator comparison is unfair, SI has established revenue streams and that IS a good pricing indicator for SI
Re-rebuttal:.....It's a good pricing indicator for SI.....but not for SMY...well I would like see what should SI's price be if we used the same indicator being used to measure the worth of SMY
b)Rebuttal: Are we talking office personnel or field or both. Same as above, this is a unfair comparison because SMY is still in pilot stages.
Re-rebuttal: We are talking both.....I was trying to show that we are growing, (and so is our burn rate....opps did I say that out loud) SMY seems to be growing sideways.......so where is the shareholder seeing all the value......from my experience it looks like a well orchestrated pump
c)Rebuttal: It takes two to Tango, perhaps SMY passed up on Albright? I don't know for sure but then neither do you. The Ontario Teachers Pension Plan saw fit to put money into SMY along with BTG. Is this a fair comparison? perhaps when you mention whom the investors are then maybe it is.
re-rebuttal:I stated I was assuming...and your assumption is as good as mine......for me from my DD, JL Albright's record speaks volumes.....the OTPP is nothing to shake a stick at........so let's call it a draw.
d)Rebuttal: Wonderfull for SI to be mentioned with Wal-mart, did they also get a mention with Microsoft, as in the SMY/Walmart pilot project recently installed in Denmark? Wal-mart is awesome, Microsoft is nearly unbelievable (but true). Both SMY and SI have deals with major players, each company has different goals, I like SI's goals and deals, I like SMY's goals and deals a little more
re-rebuttal:.Oops be carefull false information there..... nope we don't have any mention of Microsoft..however the trial in point that Mentions SMY using Microsoft Software is just that they are using a Microsoft product with theirs.......we could do the same....we may have even done so......but no NR would be called for.....the real news with the Microsoft name repeated time and time again was not with Microsoft but with "KiMs'crisp factory near Sonderso in Denmark"......again not with with Walmart as you mention in your rebeuttal. The NR was written in such a matter that the focus was put on the software that they were using rather than the actual event....But that was genius....afterall, who has ever heard of "KiMs'crisp factory" near Sonderso in Denmark.
It is NR's like that, which make me nervous about going anywhere near SMY at these levels, and again looks like a well orchestrated pump. SI did not walk into Walmart and start conducting feild tests, and then mention Walmart in their NR......Walmart used Sirit.
As for SMY and Walmart, the only time I have heard about the two in the same breath (and again I don't follow SMY closely) was when Walmart invited SMY to it's meeting of 100 top suppliers, and yes we were there aswell.
SI has never officially released news of the trial with Walmart as far as I can remember, in fact this news was revealed in the Bear Stearns report, so often spoken about here. ( for those that want the report.....it is no longer available on the Bear Stearns site, however to get the jist of it read the posts on this forum from the week of Nov 19th,....it's all there). In fact it is more probable that Walmart never even asked Sirit to be involved but that Phillips inlisted Sirit, as it seems they worked together with International Paper and revlon the year prior. Again Nevertheless, we did have a connection.
e)Rebuttal: SMY will make the transition to the TSX within 60 days according to the company, where then is the difference
This is the first I hear of any transition.......when was that announced, I don't follw SMY as closely as SI or perhaps as closely as I should have. Nevertheless, here is the difference, (in my opinion)......I've been in the markets a long long time.....I've seen many Co's make this promise, never to deliver.......(ie; UBS back in 1999)I'll believe it when I see a filing and approval from the TSE, until then.....big difference......we are there.
f)Rebuttal: I agree, SI should hit $3, but not because SMY hit 4$. The two are unrelated, it is like peni$ envy to talk that way.
One day.. you may have a big one.
re-rebuttal: Well we agree on one thing, and that is by far the most important thing.......that I have a big one.....(no, no.....sorry) that we will hit $3 + , and no not because SMY has hit $4 +, I only use SMY to show that the RFID market is hot and we have as much going for us as them......(and in my opinion) if not more.
Further to my $3+ prediction I forgot to mention the Equicom group PR connection that was just brought into the picture recently. Thesed guys are paid to bring the price up, right?? They will.
As for peni$ envy......never experienced that.....vag(eye)na envy, yes, (women can get it any time they want..but that's a whole new can of worms).....I'm happy with my size.....definetly not over hung.....but I'm sure I'm average......OK, OK, 6cm is still 6cm....enough all ready