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Technology Stocks : Fonix:Voice Recognition Product (FONX)

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To: franco nuvoloni who wrote (1351)11/18/1997 3:41:00 PM
From: Dr. Bob  Read Replies (2) of 3347
 
Again, to be more specific, what fonix has to "produce" is an improved version of its technology. If it was ready for prime time now, just needed to put it on Siemens chip, they would have had a lot of takers a lot sooner, a lot better demo, and the press release would have read differently - i.e., Siemens would be paying a bunch of money NOW for the rights, not with the signing of the first Statement of Work, and they would have announced a "product", not just the intent to "cooperatively pursue products". For the moment, Siemens is just buying a couple of lottery tickets, hoping it will pay off. The chance is there, I agree, but the odds are about the same for a big payoff.

Bob
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