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Technology Stocks : audiocodes ltd. (AUDC)
AUDC 9.660+3.6%Nov 5 3:59 PM EST

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To: Taro who wrote (152)12/4/2003 1:26:05 PM
From: MGV  Read Replies (1) of 229
 
This excerpt captures it:

"If all this sounds familiar -- and vaguely alarming -- it's because investors have been here before. Many became enamored with VOIP businesses during the telecom boom of the late 1990s, and wound up suffering staggering losses. Not only were these businesses caught up in the downdraft of the telecom disaster, but they also suffered from the growing pains of a technology that was only rolled out commercially in 1995. Many customers, especially businesses, found the sound quality unacceptable.

Now most of the technical kinks have been worked out, and demand is booming for the technology, which converts voice into data and sends it along the Internet or some other data network in the same way an e-mail, photo or text file is sent ... "
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