All the talk in the US over the past year seems to be about VOIP and its bright future especially after Juniper's positive results on Friday. This must spell good news for MUL with its world wide coverage, expertise and foot in the door with the US Govt. It seems as if it must be a good thing if the management can get it right and if it can continue to get a head start on the competition. I hope it goes up just like everyone who holds!
A few snippets from yahoo below.
"RealCommentary from TheStreet.com The VoIP Volcano Erupts Friday January 16, 3:31 pm ET By James J. Cramer, RealMoney Columnist Telco bonanza. That's all I can say. The voice-over-Internet telephony play is here now, and those who thought it would be a 2008 story -- like video on demand -- have been faked out. Look at the runs in Lucent (NYSE:LU - News) and Nortel (NYSE:NT - News), Cisco (NasdaqNM:CSCO - News) and Conexant (NasdaqNM:CNXT - News) and Juniper (NasdaqNM:JNPR - News). Look at them. They're astounding!"
"The likely divide between weak and strong networking companies will be along product lines, says analysts and investors. As Juniper's results indicated Thursday, phone companies are shifting more spending toward Internet-type gear and less toward conventional telecom systems. All the major phone companies have said as much in recent months as they announce big voice-over-Internet protocol, or VoIP, plans."
MUL Price at posting:
0.0¢ Sentiment: None Disclosure: Held
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