InvestorsHub Logo
Followers 17
Posts 217
Boards Moderated 1
Alias Born 04/16/2006

Re: WallstNews post# 24

Tuesday, 12/12/2006 5:00:57 PM

Tuesday, December 12, 2006 5:00:57 PM

Post# of 1156
It is interesting how some of the Chinese com pay stocks can take off for a while.

This company as far s I read did about 1.5 million is sales and now they expect another million but the market cap I see is $186 million based on 52 million shares outstanding if accurate. Of course this is very high even CTDC which is vastly overpriced has a cap of 95 million; but right now it is a momentum stock so no one cares it seems, but expect at some point it will matter.

VOIP has been used in China a lot longer and much more popular then in the USA. For many years companies like AT&T route most of their traffic there using VOIP as it was widely accepted by the Chinese and the price is much better. Now in the USA I am not sure what percentage of the "normal" calls you make is actually using VOIP and of course they will not tell you as it is not important. VOIP does not need the Internet so to speak, it is a protocol that takes analog signals and converts it to digital packets and traditionally can use the Internet but much of its use is on normal leased lines as then the quality can be guaranteed. I use Net2Phone to call China for many years. What is most popular there is buying phone cards and all of them are VOIP. The country of course has a great lack of phone lines but that can grow pretty fast and with the use of moble phones there is not as much need for old style "land lines".



I am a consultant for NNRF, Inc and own personal shares

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.