Recent

% | $
Quotes you view appear here for quick access.

DRDGOLD Ltd. Message Board

  • dapimp1984 dapimp1984 Mar 21, 2003 12:43 AM Flag

    Must read article about RNDC

    http://www.thestreet.com/_yahoo/markets/rebeccabyrne/10072384.html

    Paul Berberian, co-founder, president and chief executive of Raindance Communications (RNDC:Nasdaq - news - commentary - research - analysis) said companies that provide Web and phone-conferencing tools could do particularly well if war breaks out. During times of upheaval, Berberian said, corporations tend to cut back on travel, which benefits firms like Raindance.

    "Companies look for alternatives in order to conduct business meetings," he said. "Conferencing will be a real viable solution in terms of preventing people from getting on the plane."

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • There remains merely a 40% worldwide overcapacity in companies which produce gee whiz bang 'wow' electronics products. I expect worldwide demand to catch up with capacity in less than 20 years. Buy & hold.

      Cheers

    • In the 1991 war, conferencing stocks took off, as usage of these tools surged. And a similar pattern emerged after Sept. 11, with Raindance gaining 42% on the day the markets reopened. Polycom (PLCM:Nasdaq - news - commentary - research - analysis) rose 33% and WebEx Communications (WEBX:Nasdaq - news - commentary - research - analysis) jumped 24%. Still, all of these stocks have given back those gains and much more over the last 18 months, showing that any war rally may be fleeting.

 
DRD
1.78+0.02(+1.14%)May 6 4:00 PMEDT