Synacor, Inc. (SYNC)

[Andy68]

Andys version of "Five WHY"s

1) The price of SYNC continues to drop...WHY?

2) My guess is...the worst of the news is yet to come...WHY?

3) Well, look at the revenues...continuously decreasing...WHY?

4) Less PC users are clicking on those adds...WHY?

5a) More people are using mobile apps!
5b) More people are using BING, less are using GOOGLE...WHY?

6) Cause windows upgrades snipe the homepage...
...ok, so here comes the crux of the matter...

WINDOWS 8.1 IS COMING OUT SOON & LOTS OF PEOPLE ARE GOING TO UPGRADE FROM WINDOWS 7, ONCE AGAIN INADVERTANTLY LOSING THEIR SYNACOR HOMEPAGE TO A WINDOWS 8 FRIENDLY BING PAGE.

read the last sentence over and over again, because, in my opinion, that will mark the bottom of the bottom.

there is the chance that THIS IS the bottom, as shorts continue to cover. when the shorts cover AND windows 8.1 is history, we will get a better picture of TRUE NORTH. Until then, we can only presume that past performance will continue to predict future results.

The last variable would be their new "mobile product", but I'm thinking they are probably too late in the game by now (and too small) to become a significant player.

all my opinion,
Andy