In addition, Guild recommended shorting the stocks of J2 Global Communications Inc (JCOM.O), as the company makes 80 percent of its revenue from transmitting electronic faxes, a business that is in decline. He said the stock could fall more than 50 percent from the current $21.29 to below $10.

http://www.reuters.com/article/marketsNe...


This is the first I've heard the efax business is in rapid decline. I was under the impression it was weathering the recession pretty well. Comments from knowledgeable JCOM followers?