TELT...the 50 day moving average is now around $1.46 and over 2.5 million shares have traded above $1.40 (yet the stock has only spent about 2 of those days above $1.55). It is in an extremely tight trading band.
They are reportedly about to launch a new Call Center/Recording product soon.
As far as growth:
--- unified communications (merging IP telephony, conferencing and collaboration, messaging and other forms of integrated information exchange) for mass notification, fire/security, and voice communication is rising quickly. A new ABI Research study predicts that the UC market will expand rapidly to nearly $4.2 billion in 2014 from the market’s size was just $302 million in 2008.
---Why the UK business is growing so fast: Financial institutions in the UK will soon have to record and store telephone conversations under new regulations introduced by the Financial Services Authority. From March 2009, companies will have to record all telephone conversations and electronic communications relating to client orders and the conclusion of transactions in the equity, bond, and derivatives markets. Hedge fund managers, stockbrokers, dealers and traders will all have to record their calls.
