December 9, 2010

NUAN Opening Long Position at $18.34

Nuance Communications is a market leader in voice recognition, including the DragonDictate product. I think the company is a potential acquistion candidate for Google, HP, RIM or Samsung.

Many cellphones have had voice recognition for dialing and other simple tasks for years, but it never became the must have feature on a phone.

As smartphones change the user experience by providing a much more relevant and useful experience, being able to control web search and applications on a smartphone by voice will become a much bigger part of the mobile computing experience.

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