Fonix:Voice Recognition Product (FONX) Message Board

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Technology Stocks : Fonix:Voice Recognition Product (FONX)

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To: Dan B. who wrote (3308)	3/6/2003 1:08:27 AM
From: Mitchell D. Wilcox	Read Replies (1) of 3347

Let me clarify that I am not a FONX basher in any way. I don't own any shares right now although I can say that I've been tempted in a twisted sort of way to buy it. When it was 5 cents I didn't think there was any way that it would go lower. At this point I am more interested in FONX from a learning standpoint about business in general. I don't question anything you say about the contracts (or better yet, relationships) that FONX has generated. These contracts would be much more significant to me if they had larger numbers associated with them as far as revenue goes. This brings me to my second point, I think I got a little overexcited earlier when I mentioned chump change. If you do the math and all of us will do it different it, it might actually cost a business $80,000,000 to buy it if someone wanted it. Why? Well, it obviously wouldn't sell at today's price. I actually figured 800,000,000 @ 5x today's price. If that's the case unless you fear that someone else will buy it then you're much better off to get the tech by signing a very cheap contract. In conclusion Dan, I agree with you on that point.

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