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Technology Stocks : Nuance Communications, Inc.
NUAN 54.840.0%Aug 11 5:00 PM EST

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To: deeno who wrote (581)1/7/2008 2:38:37 PM
From: Sam Citron  Read Replies (4) of 834
 
The entire market is falling, with tech especially hard hit. The reason: US economy is on the brink of recession and tech has performed well this year, so is vulnerable to profit-taking. Smaller companies get hit particularly hard in a general flight to quality. I am seeing voice recognition being deployed in more and more new applications such as cell phones, GPS, and auto (eg Ford Synch). The voice interface is what is really selling the device, much as Apple's GUI years ago is what drove consumers to PCs once they no longer had to struggle with DOS commands.

So I don't really agree with your thesis. I think the market IS efficient. It's reacting more to general economic news than anything company-specific, and is taking the entire market down, especially the tech sector.

Sam
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