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Technology Stocks : Fonix:Voice Recognition Product (FONX)

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To: ed doell who wrote (1400)12/3/1997 6:14:00 PM
From: Fairways9  Read Replies (1) of 3347
 
Hello Ed, Bob etc.

I look at Fonix now vs. a few weeks ago and have to conclude that there is less risk now than there was then. I recall several posts looking for some third party to validate the technology. Well, a leading OEM and a leading research facility have agreed to associate themselves with Fonix. While the press releases were long on fluff and short on details, I can only say I'm more comfortable today than I was a few weeks back. I believe the recent decline is more related to large investors playing market games than a real change in the facts behind the company. Until I see insiders selling, I'm in for the long haul with my base number of shares. I bought more this morning in anticipation of a bounce back to $5 or $6. I've seen this stock roll too much to ignore these low prices.

Also, could it be that management doesn't care too much about the stock price in the short term? If I were given options as part of my compensation, I would want to keep the price of the stock as low as possible until I wanted to cash the options in. Could it be that they (Stu, Mu, and Du) are being arrogent jerks only to receive more options at lower exercise prices?

Marc
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