Ask Sonic Foundry CEO Rimas Buinevicius why his company?s share price has tripled this year, and he pauses for a moment. After all, this is the same outfit that broke local hearts ? not to mention pocketbooks ? when the dot.com stock market bubble burst a decade ago. Shares of Sonic Foundry at one point soared to $130 on the Nasdaq stock exchange in early 2000 only to end that year below $1. But Sonic Foundry has quietly rallied.
….Today, Sonic is focusing on what is arguably a much larger market: webcasting of lectures and educational materials for colleges, universities, business or government. Its flagship product, Mediasite, provides live streaming of public events, lectures, classes or other presentations.