Nuance Communications (NUAN) on Wallstrip
- Posted by Howard
- on March 12th, 2007
I have been on this one early and it has been a good ride so far. Back in February 2006, I detailed my reasons why I owned the stock and it has now nearly doubled. I don’t think the ride is over. All my posts on Nuance (NUAN) are here .
I am not an early adopter of voice and hate the freaking voice prompts I deal with everyday as much as you, but I might as well profit from it.
It’s interesting tming of the show as CNET is reporting tonight that a competitor, TELL ME, may be bought by Microsoft . Michael at TechCrunch has more . At $800 million, Microsoft is not messing around.
Nuance (NUAN) is not a cheap stock. It trades at over 5 times sales and they are obviously banging heads with Microsoft. Good thing Microsoft sucks :) .
For the aggressive at heart, this stock and industry may be for you.
Brian has a detailed look at the technicals for those looking to initiate a position:
I am interested to see how everybody feels about this one. The stock has few believers.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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