The Company develops, markets and sells telecommunication services and technology for Internet protocol, or IP, telephony and video applications.
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In trying to figure out why my shares of EGHT went up 20% today, I heard a rumor of Apple looking to acquire 8x8. I've more than doubled my money on this stock before today. P/E is reasonably low for a growth play like this. I'm almost tempted to buy more after the transients settle tomorrow.