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Technology Stocks : Fonix:Voice Recognition Product (FONX)

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To: franco nuvoloni who wrote (1364)11/19/1997 7:05:00 AM
From: Dr. Bob  Read Replies (1) of 3347
 
Frank,

"A fourfold from now in just a couple of years. There aren't many stocks out there with such a potential, don't you agree?"

There are hundreds. I own several of them - biotechs, health care, even a restaurant franchisor. What they all have in common is a substantial book value and a history of generating revenues for some time now. None of them pay their directors as much as fonix does, yet none of them have their auditors saying there is a question that they can continue as a going concern, as fonix's have said. Since I could lose everything with fonix, I want a potential for a 10x profit on my investment, and I just can't make up any numbers that get me there at the present time, and yours don't get me there either. So until there's more convincing news or arguments, I'll stick with companies that can give me the 4x profit potential and have little chance of going bankrupt. Someday, fonix might get to that point, so I'll follow the thread in the meantime, and enjoy the debates with you along the way!

Bob
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