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Technology Stocks : Fonix:Voice Recognition Product (FONX)

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To: Mitchell D. Wilcox who wrote (3309)3/7/2003 8:35:50 AM
From: Dan B.   of 3347
 
Re: "These contracts would be much more significant to me if they had larger numbers associated with them as far as revenue goes."

Since the revenues that are to be associated with these contracts are not known, I expect that in this market this stock can easily fall by half again or better after the split, without reversing direction significantly 'til earnings would become positive. So if I were thinking of buying more(I am), I'd wait for the split to take place, confirmation of the current upward trend in earnings, AND news of further product introductions on the way, at minimum. But then, with so little information about real potential earnings from these contracts as it stands, earnings could in fact fairly burst upwards from this low level, leaving me in the dust before I push the buy button. Kinda like with any stock, LOL. As for the buy-out possibility goes, unless I'm not thinking clearly I should note too that there may be an intellectual property rights issue ongoing, which may be working as a poison pill if certain officers who may be waiting to be repaid for small loans made, are so inclined.

Dan B
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