Fonix:Voice Recognition Product (FONX) Message Board

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Technology Stocks : Fonix:Voice Recognition Product (FONX)

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To: Nancy McKinney who wrote (2310)	7/16/1999 1:39:00 PM
From: Hunter Trout	Read Replies (2) of 3347

<<From a book I am reading on investing--- "The chartist does not waste his time trying to forecast earnings, etc. He should only be interested in a stock when it indicates by its quiet bottom action that it is under accumulation by the insiders, for a number of years. If it develops a good base, he can be certain that it will be run up in due time.">> And what does your book say about debt-ridden companies with long-standing negative cash flow whose insiders pay themselves handsomely and churn out rosy press releases, while quietly dumping their own shares? HT

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