No. of Recommendations: 0
I know VRSO very well. They have an outstanding management team which has built a real company from the one that was nearly bankrupt when they took over, and doing it during a depression in their (telecom) industry, without a lot of cash.

That said, they had a recent screwup to prove they did not "walk on water". I know for a fact that management is still very bullish on the prospects for the company. Furthermore, they are positioned in the VoIP area and can and does compete successfully with CSCO. Historically, in technology you have to do pretty badly not to come out OK if you are positioned in a growth area. Therefore, I think the odds are good they will eventually do fine, although it is unarguable that the stock is now even more risky than it was before the latest announcement.

If you have any questions, the Investor Relations person, Monish Bahl, is very good and helpful. He can be reached at the company # 678-589-3500.

I like your price, if you mean around $2.00.
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