PIC.L – Pace – on probation

STB maker PIC (Pace) has had a gloomy old time of it. This is a memo more for my sake to check on at the interims. It’s always hard to know if things are going to turn-around. The following post on Interative Investor is beginning to look all too true:

the stb market is not done, but the develpoed markets are saturated and now in the lower margin space due to competition, both in terms of the likes of Samsung et al and new forms of delivery (internet will get there – just look at where internet delivery has come in last 5 yrs)

Pace is facing a lot of competition from some really smart and well-heeled rivals. This one could be slowly but surely down the pan.

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About mcturra2000

Computer programmer living in Scotland.
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