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scotty group (SCO)     

kingsleylong - 06 Oct 2004 16:57

anyone heard any info on this company, apperently a big deal in the making and an annoucment due any day.

hangon - 11 Aug 2005 17:02 - 11 of 11

I don't hold but came across this thread today - I know they were taken over so "perhaps " none of the old company remains; - but this healthcare-telemonitoring is right up Motion Media's alley. There is nothing wrong with this technology and it should deliver good patient care. However, there is no real benefit IMHO to the (Dutch?)Health service, any reduced costs will treat "more patients" so the work-load and cost remains. If this technology made significant savings to cut the nation's taxes - that wold be a reason for further orders.....

Furthermore SCO is comming over as dependant on large (=infrequent) orders and if one is missed (eg the helicopter one, recently) that impacts on shareholder sentiment - because the Management has not built-up a regular business that covers overheads (What I call a bread-and-butter product).....then they can go chasing bigger fish......until then the sp will fluctuate on every titbit of news.
They can't create news and can only make announcenments that are material to Market needs......the trouble is that punters like to sleep soundly by having an underlying business earning profits each and every day. Does anyone know if they have such plans, or a dormant division, etc?
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