Thanks all for your input, very helpful. I have a feeling that the problem is the innards 0f the tester, resistors. capacitators ,and what have you that has gone wonky.
I would get several on/off consecutive readings and then nothing, on/off 5-6x and nothing. Then I would hold the tester right up against the 150w enlarger bulb and the readout would start and I could get and several readings on the shutter before the cycle repeats... Makes for very tedious shutter testing.... Methinks that it may be whatever it is that captures the light. Anyway, a friend who is very competent in electronics has offered to look at the patient's innards.
The shutter that I was testing had been tested yesterday by my friend above, so I had a point of comparison as to whether the tester gave the right readings..... With the results I did manage to get, from 1s> 1/200, they correlated very closely, 1/3f variation in one case. Then the tester stops working, as I pointed out above, with the ensuing cycles......
Regards, Bogdan