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Technology Stocks : Fonix:Voice Recognition Product (FONX)
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To: Dan B. who wrote (3171)1/11/2002 6:15:03 AM
From: Randall E Westberg  Read Replies (2) of 3347
 
Dan, as long as you are in a laughing mood,
think about this.

Back in 1996 at the shareholder meeting Fonix had 432 total shareholders and a market Cap of over $300,000,000

Let me spell it out to you Fonix had four hundred thirty two shareholders. The market Cap on Fonix was well over three-hundred million dollars.

That amounts to a shareholder equity of about $695,000 per investor.

Hard to believe... but according to my numbers, true.
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