RE: Is SI a much better buy than Samsys?Your answer is in your post Butter, however I have to disagree with your assesment of overhype for the RFID sector, infact I would tend to think it is just the opposite, and in fact is only starting to heat up. Wait till it starts to boil. It is almost abundently clear that Sirit, will be taken over, not if, but when. Again as I stated in an earlier post, the later the better, IMHO.
As for shorting Samsys, on paper the idea looks good, at 30X it is definetly overvalued, and I have been touting that for the past year, that is why I got in SI instead, way back at .32 when it was trading at 2X. The problem with that is, if I am correct and the industry as a whole explodes, you will get caught holding the bag because of greedy chasers increasing the price of Samsys, when in reality, it is all and then some, built into the price.
If you are looking at revenue multiples, although SI, and SMY, are both pure play RFID co.'s . VMS on the venture is also into RFID, not purely but definetly. They have an almost identical amount of shares out as SI, same revenue, and last quarter had about the same loss as SI, only they are trading at less than 1X!!! Yes, you read right 1X!! When reporting the last quarter, the CEO, whom normally is very tight lipped and reserved in any commentary, stated that they will see a "substantial" increase in revenue in the coming quarters. VMS has some very large customers, among which are household names, Kellogg's and Cadbury Shweppes. The latest quarter is due out anytime, in fact it is a bit late. Take a look and do some DD.
It was at this time a month ago last year that I jumped on SI, I expect to see the same result for VMS, not the value, but at this point the percentage increase IMO, should be at least 200-300% over the next 6-12 mths.