LoopUp (AIM:LOOP) - could there be tough times ahead for the AIM challenger?
Having seen its valuation soar, largely through an excess of hyperbole, the remote meeting and conferencing business has a formidable new adversary in the giant Amazon. Is this already the beginning of the end for the small AIM challenger? We make some interesting comparisons in our Blog to another listed peer.
There could clearly be tough times ahead for the small AIM listed business and shareholders have already got restless, pushing the shares down more than 25% from recent ‘over-hyped’ highs.
Amazon (AWS) has entered the video-conferencing market with a product called Chime, which looks pretty good and seemingly offers similar features to LOOP, as you can see from the Chime web site here. Chime isn’t the only competitor with GoToMeeting, Skype and…
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