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Technology Stocks : Fonix:Voice Recognition Product (FONX)
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To: who wrote ()3/10/1998 12:16:00 AM
From: Jerry String   of 3347
 
Donna: Welcome to the thread and to SI today. You are the second person in a few days to sign up for SI with an apparent sole intention to post to this thread. The hype now is in the full court press mode. Good luck to you!

<<Acuvoice revs projected this year will be 5 million>>
And what research analyst projects this number? Please cite your source. Written and verifiable, please.

<<Fonix burn rate is $1 million per month>>
The burn rate is actually significantly higher than $1M per month and closer to $2M when you back out the desperation financings that have taken place where the financing group is dumping the converted shares on the market within months and weeks of the deals. This, as you should know, is done at the expense of the shareholder......part of the "burn".

<<Siemens has five statements of work scheduled this year not just the first statement of work for the answering machine>>
Again, cite your source. Written and verifiable please. Not....."I was just talking on the phone to Dudley".

<<and I am sure Siemens products sell not just in America but worldwide.>>
I fully agree. But what does this have to do with FONX and a product that not only has not yet sold but also does not yet exist?

Welcome, Donna, and good luck!
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