I have a small position in EGHT, you say it is not a good long term play...where do you see this company going and what is your opinion of the where the stock price is going/
Packet8 is now being sold at Staples. It's at $1.39 a share. I believe it's a great short term play, but I doubt long term will do much. They have a great video phone that several friends have. sales is picking up and they're now a partner with Quixtar. It's a better internet phone than others I've seen.
EGHT is not quite the dog that Vonage is. Packet8 now has several major office supply stores and electronic stores selling their products and network marketing companies doing the same.
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AJ Dowell
Executive Director
www.dowellandassociates.com
www.linksforwriters.com
I have a small position in EGHT, you say it is not a good long term play...where do you see this company going and what is your opinion of the where the stock price is going/
Eric
"Please pack your knives and go."
I saw this stock too, it seems to be rangebound, in the short term. It hasnt made any moves, but Ill continue to watch although I believe there are better speculative plays out there.
Let's show the world that there are Americans with common sense!
http://www.youtube.com/watch?v=WUYDt7kC3Z0
Yeah it is in a small range, I am only ever up or down a few %. Dead money right now, so maybe I should move on, but I liked the product, they seem to be doing some things right and they had no debt.
I see alot of competition in internet phone service and devices. Long term most likely not good, but I could be wrong. Short term it has favor. I played risky with this one. Highly speculative, but I believe this will climb to 3.50 at most.
One year target estimates is 7, but I disagree. Of course, I never thought DDMX Dynamex would climb as fast as it did.
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