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Technology Stocks : Fonix:Voice Recognition Product (FONX)
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To: Randall E Westberg who wrote (1522)12/23/1997 7:50:00 AM
From: Dr. Bob  Read Replies (1) of 3347
 
Thanks, Randy. So perhaps fonix can get some cash from Siemens before the end of the year "from purchases of fonix stock by Siemens at market rates", though the only way this would generate free cash is through issuing still more stock, making the deal dilutional. Your next post gets us back to the 2 year horizon for meaningful revenues from the Siemens deal, rather than 6 months. None of the releases then or since gave us a real feeling for the magnitude of the revenues - would they even be enough to meet expenses? maybe get into the black by '99? Still no guidance for an investor other than the very nebulous "we've got a great technology here".

Bob
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