Cisco Telepresence Magic
Telepresence refers to a set of technologies that allow a person to feel as if they were present, to give the appearance that they were present, or to have an effect at a location other than their true location. That’s what Wikipedia says about it. In simple words, it means that you can be in California and be seen and heard live by an audience in New York.
Cisco Systems first introduced this technology in October 2006. This product was built to provide high-definition video and spatial audio designed to link two physically separated rooms so they resemble a single conference room even though the two rooms may be on opposite sides of the world.
Since 2006, the product has been improved and was recently presented by the company’s CEO in a presentation to investors.
Most companies and private users won’t be using this expensive product, soyou probably shouldn’t run to buy Cisco’s stock (CSCO) the moment. However, I’m sure that Cisco will definitely continue to grow and lead global technology in the future.
In any case, Cisco is among the NASDAQ stocks that are traded in Yalicoo’s stock trading competitions, so continue to keep an eye on the developments in the company. If the stock price continues to decline, like what has been happening since October 2007, the stock might be attractive in the near future.
4 comments September 16th, 2008
