Wednesday, October 17, 2007

Speech Recognition Stocks: We Don't Hear Enough About Them

Speech recognition is the understanding of the spoken word by technology, and the implementation of various actions based on the understood words. There aren't that many speech recognition companies out there, and many of the the ones that do trade publicly are not generating positive earnings. Many of them are very low cap and should therefore be considered very speculative.

Here are some worth hearing about:

Nuance Communications, Inc. (NUAN) is a Massachusetts based company which is a provider of speech and imaging solutions, including voice-activated services, transformation of speech into written words and controlling devices and applications by speaking. They purchased SpeechWorks, which worked closely with America Online, in 2003. They have a price to sales ratio of 6.74, a forward P/E ratio 26, and a price earnings to growth ratio of 1.49.

Preferred Voice Inc. (PRFV.OB) is a Texas based company which is a provider of services to the telecommunications industry including Voice Activated Dialing, a speech recognition service. The P/S is 2.16, and the forward P/E is 5.

NMS Communications Corp. (NMSS) is a Massachusetts based company which provides technology to wireless and landline telecommunications operators, network equipment, and providers of applications, including speech activated services. The P/S ratio is 0.78.

Fonix Corp. (FNIX.OB) is a Utah based company which is a provider of automated speech recognition and text-to-speech solutions. The P/S is 1.33.

Voxware Inc. (VOXW) is a New Jersey based company that makes and sells software for voice recognition solutions for use in distribution centers. The P/S is 1.92.

One Voice Technologies Inc. (ONEV.OB) is a La Jolla, California based company that makes and markets voice recognition software for the telecommunications and interactive multimedia industries. The P/S is 16.86.

Author does not own any of the above.

By Fred Fuld at

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