There’s an unidentified source claiming that: 8×8, a VoIP and cloud service provider focused mainly on business customers, is considering selling the company amidst a growing wave of consolidation in the telecom service provider industry segment. Citing unnamed sources close to the company, Reuters reported that 8×8 has been consulting with Morgan Stanley to gauge …
There is now some hope and optimism that ShoreTel (SHOR) . Over the last 60 days it has been on an upward trend. The reason is that ShoreTel’s RSI reading is 28.49. What is RSI? According to NASDAQ.com RSI stands for ‘Relative Strength Index’ and it is a popular indicator used by technically focused investors. …
ShoreTel Looking to Recover Now that It Is Oversold, Can It? Read More »
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