S.P.E.E.C.H R.E.C.O.G.N.I.T.I.O.N

Posted by Howard
on August 9th, 2007

Nuance reported a few days ago and the stock tanked on news of a convertible, but now is higher.

I don’t necessarily like convertibles and acquisitions, but Nuance is trying to remain the outrght leader in the space.

The acquisition of Tegic from Time Warner seems like a good idea. I have to wonder what the hell Time Warner was doing with a business like this in the first place (text recognition and predictive text). If a management team is capable of good acquisitions (Cisco), over time, you see great results.

I am sticking withe the stock and may add more if/as it moves higher.

I don’t think subprime and housing issues will kill this space.

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