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7. Valuation of Marketable Securities
6 Months Ended
Jun. 30, 2013
Notes to Financial Statements  
Valuation of Marketable Securities

 

In October 2010 Zoom Telephonics, Inc. entered into an agreement with Zoom Technologies, Inc. (Nasdaq: ZOOM) in which Zoom Telephonics transferred its rights to the zoom.com domain name and certain trademark rights in exchange for 80,000 shares of Zoom Technologies common stock.  These shares had trading restrictions that ended January 18, 2012.  The Company values the marketable securities at market value in the financial statements. The Company did not sell any Zoom Technologies shares in 2012 or the first and second quarter of 2013. The closing price of Zoom Technologies common stock decreased from $0.55 on December 31, 2012 to $0.41 on June 30, 2013.