LIOX---> Here's the play for today and next week. Low float, poised for breakout, coverage soon. IBM, MSFT, SUNW, & ORCL all customers.
Lionbridge Technologies gives multinational corporations a dash of local color. The Internet services company caters to hardware, software, and telecommunications firms that release products internationally, translating programs, Web support sites, and other Internet documentation into a specific country's native tongue. Lionbridge also offers multilingual product testing, source code reengineering, and logo certification. Customers include IBM (14% of sales), Microsoft, Oracle, and Sun Microsystems. Lionbridge continues to expand into automotive, medical equipment, and other vertical markets. Morgan Stanley Dean Witter owns 28% of Lionbridge; venture capitalist Advent International owns 27%. ---- Jason |