Monday, September 13, 2010

Speech Recognition Stocks May Be Calling

Some sectors and industries are verily narrowly focused, and voice recognition is one of them. Speech recognition is the use of technology to understand the spoken word, and the implementation of various actions based on the understood words. There aren't many speech recognition companies out there. Most 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. The company has a forward P/E ratio 12, and a price earnings to growth ratio of 0.81.

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 price sales ratio is 0.24, and the P/E is 1.3.

Voxware Inc. (VOXW.PK) is a New Jersey based company that makes and sells software for voice recognition solutions for use in distribution centers. The company recently generated negative earnings.

One Voice Technologies Inc. (OVOE.PK) 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 0.27.

If you like interesting stock lists, check out WallStreetNewsNetwork.com.

Author does not own any of the above.

By Stockerblog.com

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