Marc,
Thanks for the info on low turnover at fonix - I don't believe anyone gave me that answer to my question when it was posed earlier. No, I didn't go to the bother of calling fonix to confirm that myself at the time - I surely thought people who were long on the stock would be motivated to do so.
"Siemens recent actions seem to indicate they were impressed with something" - impressed enough to use it, yes - and I've always been open to that possibility. Impressed enough to pay big bucks for it? - not to my way of thinking.
"Can't fonix co-exist with many other VSR companies?" Sure, and I've been open to that possibility, too. But I'm going to TRY to put my money on the company(s) that will be the leaders. If I was convinced that fonix was not going to survive, I would be shorting it, and I have clearly not done so.
As to your impression that I used to seem more objective, maybe it seemed that way when I was arguing with Mr. Pink. But the fact is, I have consistently said that I accepted the possibility that fonix had a saleable product, I just doubted that they could generate sufficient earnings to make this stock a big winner, which it had to be, in my book, to justify the risk. I've had concerns about the exclusivity of the patents for quite awhile (see post #1033, Aug. 5). You and I debated the size of potential revenues back in August, too. See post #1105 - I think that says almost precisely then what I'm saying now. While you're back there, look at the rest of my posts from that time frame, and tell me how you think my outlook has changed. For the moment, I still think the only successful investment strategy for this stock has been one you proposed, I believe, to trade in and out, and it still looks that way to me.
Bob |
