Symbol: THAO
Shares Outstanding: 59,291,000
Float (est.): 2,000,000
3-6 Month Target: $4.50
12-18 Month Target: $12+
52 Week High: $3.50
=========================================
Thaon Telemommunications, Inc. has secured technology that makes it possible for personal computers with sluggish 56K modems to display lightening-fast live web video and audio. The images are par with that of a TV set. No pauses and no skewed images. This technology requires no software upgrades.
The ability to broadcast TV quality video is widely believed to have been what has kept the Internet from becoming the dominate media source. There are such vast amounts of information on the web, however, standard 56K modems are not capable of receiving data at the speed which it is sent. The Internet as amazing as it may be is still in its infancy. Images are sent closer to that of picture books rather than the clarity and speed of our TV sets. Thaon has created a niche in the emerging market for video depositions (already a $5 billion industry) there are no major players in the legal broadcasting industry. Thao is prepared to take the number one spot in this sector. It is also quickly establishing subsidiaries in other lucrative nich markets, each worth billions of potential dollars in revenues.
This company's earning per share are predicted to triple by 2002. If you're interested in investing in a stock over the long haul, you may want to consider this one.
[This message has been edited by Roger (edited 07-26-2001).]
Shares Outstanding: 59,291,000
Float (est.): 2,000,000
3-6 Month Target: $4.50
12-18 Month Target: $12+
52 Week High: $3.50
=========================================
Thaon Telemommunications, Inc. has secured technology that makes it possible for personal computers with sluggish 56K modems to display lightening-fast live web video and audio. The images are par with that of a TV set. No pauses and no skewed images. This technology requires no software upgrades.
The ability to broadcast TV quality video is widely believed to have been what has kept the Internet from becoming the dominate media source. There are such vast amounts of information on the web, however, standard 56K modems are not capable of receiving data at the speed which it is sent. The Internet as amazing as it may be is still in its infancy. Images are sent closer to that of picture books rather than the clarity and speed of our TV sets. Thaon has created a niche in the emerging market for video depositions (already a $5 billion industry) there are no major players in the legal broadcasting industry. Thao is prepared to take the number one spot in this sector. It is also quickly establishing subsidiaries in other lucrative nich markets, each worth billions of potential dollars in revenues.
This company's earning per share are predicted to triple by 2002. If you're interested in investing in a stock over the long haul, you may want to consider this one.
[This message has been edited by Roger (edited 07-26-2001).]