John,
Dragon is a good company, and could go public next year (just my guess, not based on any inside info!) By that time, voice recognition will be very hot, and the owners would become very rich. Seagate owns 35%, so they are probably in the drivers seat to determine when and if.
LHSPF is a better investment, however, IMO, because:
1. You can get in now, at a reasonable P/E. If Dragon goes public, it will be a much ballyhooed IPO, with an astronomical P/E to start.
Of note is that LHSPF's P/E would probably rise at that time, too, in sympathy, just like Y2K and browser stocks fed off each other's success (or mania).
2. LHSPF's product line is much broader - sort of like getting an office suite of software, rather than just a word processor.
3. The MSFT link is priceless.
Bob |
