This thread has surpassed my expectations. I will try to summarize what I have learned so far, FWIW.
1. If you believe speech recognition is going to be big, then you have got to hold LHSPF. At current valuations I can only bring myself to open a small position, but there may be no looking back from here.
2. VCSI looks very attractive. They are growing through acquisition and have strategic alliance with Siemens. They actually have sales, are expected to be profitable this year, and could actually be considered relatively cheap as their price to book is less than 5, market cap is 85 million, and sales are 14 million. ("cheap" in this case of course is relative)
3. FONX- I still like FONX, but primarily as a chance to hit one out of the park. High strike out potential though. They represent a potential paradigm shift in the nature of speech recognition fundamental technology; others are working on neural net technology but aren't public. I am going to reduce my position a little to get into LHSPF and VCSI
4. The bigs-IBM, Microsoft, Siemens are all involved in VR. These certainly don't represent pure plays. It appears to me, though, that Siemens is trying to get into VR in a big way and is interesting because of that.
5. Beneficiaries of VR- INTC for sure, the need for bigtime processing power, as demonstrated in some of the above posts, will help sell power machines in the future so we can get back on the sales equivalent of Moore's Law.
6. Private companies - it would be nice to get in on IPO's of such companies as Nuance and Altec.
Well, there you have it. My take on VR so far
THanks for all the great posts.
Karl |
