8x8 execs buy depressed stock

We here at FierceVoIP don't do stock analysis. But when execs at a VoIP company start buying shares, it's time to pay attention. Thomson Financial is reporting that seven insiders at 8x8, the parent company of Packet 8, have been buying the company's stock, which is trading at around 70 cents. The company has had some rocky times on the market; it's dropped more than 20 percent during each of the last three months.

For more information about the 8x8 insider purchases:
- read this article in the Mercury News.