Eicon should soar, and soon willThese days one of the following factors would be sufficient to make a stock soar.
1. Hot Sector, Internet
Eicon is a global leader in remote access solutions, with products sold in more than 80 countries worldwide. Eicon turns the Internet and intranets into instant information with high-speed ISDN and T1/E1 connections. Its DIVA is the industry’s most complete line of ISDN products. DIVA LAN ISDN Modem has received top industry awards worldwide as the best product in its class.
2. Products Used by Brand Name
"A decade ago, major airlines, banks, and insurance companies around the world began standardizing on Eicon's 3270 products. Since then, its innovations in host connectivity have made many major corporations Eicon's long-term customers."
3. Big Name Related
just pick up some of NR:
--Eicon Ensures Interoperability With Cisco IOS Software® Through Membership in the Cisco Enterprise Associate Program
Eicon and Cisco Provide Customers with a Worry-free, Smooth Migration Path from SNA to TCP/IP Networks
--Eicon Technology's DIVA ISDN Drivers to be Included in Microsoft Backoffice Small Business Server 4.5
--Eicon Technology Provides Wide Area Networking Card Technology to Options By IBM
4. Market Share
Eicon is the leading vendor of ISDN BRI terminal adapters and internal ISDN cards across Europe, with market share of 24% in 1998, maybe more in 1999. Strong and growing presence in USA, and in emerging market such as China.
I also noticed the recent appointment of Denis Pouliot as Vice President, Marketing & Business Development. Prior to joining Eicon, Mr. Pouliot, a seasoned executive, held senior marketing and sales positions with JDS FITEL, Siecor and Nortel Networks. He most recently held the title of Vice President, Sales & Customer Service at JDS FITEL. Imagine if Mr. Pouliot joins UBS, how would UBS's shares go?
Eicon needs to enhance its high margin products, and it is doing so. My dear fellow shareholders, EIC should soar, and soon will.