Polycom, Inc. (PLCM)
A global provider of a line of high-quality, easy-to-use communications equipment that enables enterprise users to more effectively conduct video, voice, data and web communications.
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With the swine flu epedimic just getting started and here to stay, as well as El Nino coming up companies will travel less to avoid illness and videoconferencing will skyrocket. I see this stock at $38 within the year.
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VoIP ... DoD usage ... I use it why not invest in it.
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I have worked for big companies. No matter ow much they make they are allways trying to cut costs. I have been in many conference meetings with many groups from all over the country simultaneousely. In A global market travelling around the world is just going to cost to much. This is a logical progresion in the way buissiness will handle training,company role outs,etc. No travel exspence,hotel exspence,and no restriction to amount of attendants.
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The video conference market has been slow to take hold, but with the abundance in broadband and cloud computing I believe it is only a matter of time before the world communicates face to face over the internet and Polycom along with Tanberg, pioneers in the field will capitalize on their experience.
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Video conferencing is big business away from the USA. Watch this company grow in the short term, especially outside the US. Write it down and hang it on your bulletin board. Very well managed, and in an area of little (comparable) competition, which equates to dollars as we all know.
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Pick on a dip
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With recent purchases Polycom's prospects on the short term will be dampened.
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Polycom is the leader in videoconferencing. As energy costs continue to rise and airtravel gets more expensive (and dangerous and cumbersome as well) the long-term demand for meeting via videoconferencing will steadily grow.
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Soaring prices for jet fuel are leading to higher airfares. That, plus a shrinking bottom line for many US companies will lead to more videoconferencing.
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We use it in my company and our telecom guy things polycom's products are fantastic. Recent purchases should help fill in some of the IP gaps. Even in a downturn Polycom will benefit as companies stop buying airline tickets and invest in their products.
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Well positioned to take advantage of the shift to teleprecense for the next few years.
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videoconferencing will grow
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KEEP ON COMING...
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I use VOIP for my business and while researching companies I stumbled across these folks.
I know nothing else about them. Just starting my research.
I like what they do...all else is a gut feel
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video conferencing will pick up. Many business have several different offices and would love to have virtual meetings. also look at the growth.
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They just reported decent earnings but the stock was hammered and I think it presents a good buying opportunity for the RB. Cisco just bought their main competitor so they should gain short term and long term gains for those who hate Cisco. Could also be bought out by Avaya or HP as they beef up to compete with Cisco.
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Just watching it for now.
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