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COMPETITION IN THE WEB CONFERENCING SERVICES MARKET IS

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thepennyking   Wednesday, 02/18/04 08:46:21 PM
Re: thepennyking post# 51
Post # of 88 
COMPETITION IN THE WEB CONFERENCING SERVICES MARKET IS INTENSE AND WE MAY

BE UNABLE TO COMPETE SUCCESSFULLY, PARTICULARLY AS A RESULT OF RECENT

ANNOUNCEMENTS FROM LARGE SOFTWARE COMPANIES.


The market for Web conferencing services is relatively new, rapidly evolving and intensely competitive. Competition in our market will continue to intensify and may force us to reduce our prices, or cause us to experience reduced sales and margins, loss of market share and reduced acceptance of our services. Many of our competitors have larger and more established customer bases, longer operating histories, greater name recognition, broader service offerings, more employees and significantly greater financial, technical, marketing, public relations and distribution resources than we do. We expect that we will face new competition as others enter our market to develop web conferencing services. These current and future competitors may also offer or develop products or services that perform better than ours. In addition, acquisitions or strategic partnerships involving our current and potential competitors could harm us in a number of ways.



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