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Technology Stocks : 8x8 (EGHT)
EGHT 2.045+3.8%3:59 PM EST
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To: tech101 who wrote (806)1/24/2000 7:46:00 PM
From: pirate_200  Read Replies (1) of 1927
 
> As We Recall, 8x8 has already had partnership
> agreement with Lucent to provide LU with its
> VoIP software technology.

Well, actually, the earlier deal with AG Communications,
a Lucent subsidiary, was to sell 8x8's Symphony Gateway
with AG Comms. switch.

You are right about the importance of that partnership
and also this one: 8x8 is doing deals with companies
much larger than itself. AG Comms. is about a $500M
in revenue company, STM is about $6B yearly run rate
now with 8x8 only doing about $7M in revenue per
quarter.

Obviously, these large companies are doing deals with
8x8 to both sell and license their technology because
it is unique and leading edge VoIP technology.

Soon, 8x8's stock valuation (market cap) will catch
up and represent the company's true inherent value.
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