I have been following NUAN for a little over a year now and bought in at $17-18. I watched it rise up to $29 and bought more along the way. I also rode the wave down and added small positions along the ways also. So far, it's a wash. Alot of effort for little return. I, like nmcscan am in healthcare. I use Dragon for my medical dictations. Also, I've worked for two of the largest healthcare systems in SoCal... namely Kaiser and HCA. They all use Dragon in one form or another. Regarding healthcare, I think we're only seeing the tip of the iceberg in terms of growth potential.
But what I have also noticed is that both Kaiser and HCA have implemented a relatively new voice recognition system that has basically done away with pagers, overhead paging, and most intra-hospital communications. Vocera (VCRA) uses Nuance's VR system. They IPO'd in March in the mid-teens and now are breaking $30 over the last 6 months. The system is now used in 10% of US hospitals. That means they have a 90% upside growth potential. They have no competitors so far either. I think VCRA would be a great acquisition for NUAN because if they did, they could take over all intra-hospital communications which could eventually tie into EMRs. Imagine, NUAN dominating healthcare by taking over every aspect of hospital (healthcare) communications! Go Nuan and go VCRA!
Interesting thought. I too have been following VCRA. I should have purchased it when you mentioned it to me a few months back. It never occurred to me that NUAN should consider buying them. Very forward thinking, but big potential if they could pull off the integration of the technologies. VCRA would be an expensive purchase (750-800 mil). I wish my hospital would make the investment in the VCRA technology. The implementation seems to be cost prohibitive for now.