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Strategies & Market Trends : Shorting stocks: Broken stocks - Analysis
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To: Dr. Seuss who wrote (1448)7/22/1998 12:53:00 PM
From: Steve Patterson  Read Replies (1) of 2506
 
Re: OCOM -- I'm gritting my teeth and holding on. Looking at the past record of Stock Genie, this pattern holds: a quick spike up followed by a continuation of the downhill slide the stock was on before their profile.

Not sure if I'll make it out with a profit, but I'll at least have much less of a loss than I had feared.

I noticed something else about their technology: the part they don't have done (the ATM codec) is the part that actually lets you send video over long distances. First, it means that their system isn't actually useful right now, because who cares about videoconferencing inside your own building? Second, this means they have the same bottleneck as every other videoconferencing company, which is that you have to pay for lots of dedicated digital bandwidth in order to do anything outside your own building.

So it's kind of neat to save money by using phone wires to send the signal internally, but is it cheaper to buy OCOM signal converters (and proprietary software) for teleconferencing only, or to just upgrade your internal routers/switches and have everything on your network go blazingly fast all the time? And what would your MIS department rather buy?

Steve
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