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Eckoh Technology - Voice recognition services growing

November 2003

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

• Eckoh Technology,18p, looks firmly on the mend. The company was established in 1992 before its merger with an operator of the 365-sports websites in 1999 and subsequent flotation. But theadvertising led proposition of the websites didn’t work out, leaving Eckoh management to restructure the business to focus on a number of the old core areas. All the web assets have since been transferred into a joint venture company formed with Chrysalis and are written down fully on the balance sheet; so from hereon there can only be upside from those businesses.   This has left Eckoh with four reasonably stable legs;  IVR, speech solutions, network services  and mobile wholesale.  Historically, the group& ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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