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Technology Stocks : Fonix:Voice Recognition Product (FONX)

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To: Mark Cox who wrote (1356)11/19/1997 12:17:00 AM
From: Mitchell D. Wilcox  Read Replies (1) of 3347
 
Parx and all !-
Wow, now we're starting to see some action aren't we? My position hasn't changed since about 6 mos. ago, I'm still in a watch and wait mode. There are a few things happening right now that I find very interesting. I have been amazed at the strength FONX has exhibited for the past six months, staying between $5-$8. This has led me to believe that there are enough money people out there that really believe in what is going on here, most companies in this predicament (delays, little progress, etc) are at the least much more volatile. It has, however, been interesting how when anything positive comes out the selling hits big time. Are these people losing patience and selling on news? I'm not saying that is the case but it sure appears to be so. My opinion of the Siemens deal is that much more has been read into it than it really is. I hope that what Parx said about the technology being much different than what was demonstrated in June is true. I am still confused as to why they would show us what they did and this scenario of open-minded and future-seeing people would make sense. I see both sides of the argument, it sounds as if they are only teaming up to finish this thing out yet it would seem that for Siemens to be interested the starting block would have to be pretty attractive. This company remains fascinating to me because they seem to be barking very loud yet nobody up to this point has got bit. I remain hopeful that this company which did such a good job of convincing me in the beginning doesnt disappoint us in the end. I hope that all will continue to keep up the great discussion in a very humane way. Happy Investing!
Mitch
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