Polycom (PLCM -4%) is among the day's tech losers. Possibly hurting is an IBD column noting the...

|By:, SA News Editor

Polycom (PLCM -4%) is among the day's tech losers. Possibly hurting is an IBD column noting the threat posed to Polycom and Cisco's (CSCO) videoconferencing hardware sales by cheap cloud-based solutions that work with PCs. The article notes GoMeetNow, one prominent cloud-based rival, offers services that start at $12.95/month for two PC users. Polycom, whose sales growth has turned negative, is trying to return fire with its CloudAxis platform, which will be available in Q1.