STKR is in a great space, haven't looked at their financials but they do have all the buzz words. Will check if they are presenting at VON this week. BTW I will be getting direct feeds and relate any news I get here on the site.
Remember money flows from one sector to the other, what's hot one day is dumped the other. Maybe impossible to consistently guess where the next move will be, but being ready to jump on sectors that are being punished has been one of the most successful "plays" I have made in my investment career, and right now the telecoms are down but not out...
A couple of notes I am passing on in regards to VON:
1. Voice on the Net (VON) event coming up in September in
Atlanta-run by Jeff Pulver.
pulver.com
All the internet telephony-and next gen telco players will
be there-brightest people in the business wrt internet telephony and how it will evolve.
The internet telephony infrastructure guys--ITXC, DDDC, to a degree GENU etc. will at some point become valuable as the pressured AT&Ts and WCOM long distance divisons look for more economical backbone i.e. managed private internet backbones (itxc, dddc, etc.) to reduce transport costs.
2. Note pressures on WCOM, and AT&T - problem is long distance revenue and margins are falling out from under them, and the LD revenue is their dominant revenue stream--these guys must add value data services to their service offerings-that includes web hosting, etc. Hence the WCOM, Intermedia/DIGEX aquisition - this is a big deal-.. The other guys like DRIV who have significant customer base and are doing internet hosting for busineses, and internetweb site building--will become more valuable. DRIV has over 1000 customers- fairly large ones.
The Atlanta event may have a short term positive influence on the whole DDDC/itxc / internet telephony sector - Wall street guys and investment banks are starting to show more faces at the events, and learning about internet telephony infrastructures. |
