Friday, July 29, 2005

Aastra Rocks

On July 15, I posted about Aastra, and noted they're a company to watch, esp since there aren't that many public Canadian VoIP players.

Yesterday they announced their Q2 results, and the numbers are great - 94% increase in sales, and 21% growth in profits. Their share price has risen almost 50% in the past week, and zoomed over 20% alone yesterday.

Definitely a hot company to watch, esp if you follow the PBX space. And remember where you heard it first!

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