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In telecommunications, message switching was the precursor of packet switching, where messages were routed in their entirety, one hop at a time. It was first built by Collins Radio Company, Newport Beach, California, during the period 1959–1963 for sale to large airlines, banks and railroads. Message switching systems are nowadays mostly implemented over packet-switched or circuit-switched data networks. Each message is treated as a separate entity. Each message contains addressing information, and at each switch this information is read and the transfer path to the next switch is decided. Depending on network conditions, a conversation of several messages may not be transferred over the same path. Each message is stored (usually on hard drive due to RAM limitations) before being transmitted to the next switch. Because of this it is also known as a 'store-and-forward' network. Email is a common application for message switching. A delay in delivering email is allowed, unlike real-time data transfer between two computers.