8x8, Inc. (NASDAQ:EGHT)
CAPS Rating:
The Company develops, markets and sells telecommunication services and technology for Internet protocol, or IP, telephony and video applications.
The Company develops, markets and sells telecommunication services and technology for Internet protocol, or IP, telephony and video applications.
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Recs
Akamai showed how it's done, and I think 8x8 is a good buy-out candidate.Like a collection of baseball cards, this company has a shoebox full of nifty little patents that could propell a deeper pocketed corporation futher ahead of its rivals. On it's own, it has no significant debt and plenty of money in the till. Win-win either way.
i completely agree with you. they're also sitting on a short path to the smaller side of the smb market (20-plus lines), and they look to be ripe for acquisition at a reasonably low cost - tens of thousands of smb customers for broader business and tech services, guessing something will be happening within 12 months.
notice the unusual spikes in activity on this stock in the past two months, it feels like it's being set up for a transaction.