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Technology Stocks : Fonix:Voice Recognition Product (FONX)

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To: ed doell who wrote (1256)10/22/1997 1:48:00 PM
From: Rhino  Read Replies (1) of 3347
 
Ed:

I suppose my counter would be: so what? I don't mean that in a rude way (You've been on this thread a long time--you deserve respect because of your "age"!). I just mean that we've seen the stock price rise and fall a few zillion times in the past year, almost always within the 5 - 8 range. As much as I'd like to be impressed by a slight run-up, we've all seen enough of them to not get overly excited. In fact, I'm not excited in the least.

I'm not a Mr. Pink, thinking that Fonix is a haven for criminals (I accidentally came across one of his posts on his own thread the other day--seems he thinks he's the next Messiah. . . .). I have absolute respect for Fonix's board, as well as its chief officers. But I can't maintain enthusiasm forever on marginal newsbreaks from Fonix (like Studdert's recent letter).

I used to be long, now I'm nothing. I'm out of Fonix. I cut my losses and got out. I'd consider getting back in only on a strong upswing in the stock price, not a warble up to 6 1/2.

Anyway, I'll keep following the stock. I honestly hope it explodes. But I now have doubts.

Just a few more thoughts.

Matt
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