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Technology Stocks : Fonix:Voice Recognition Product (FONX)

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To: Randall E Westberg who wrote (1637)2/18/1998 6:58:00 AM
From: Dr. Bob  Read Replies (2) of 3347
 
Randy,

How has my research lapsed and become obsolete, when I was commenting on a Business Week article from a few days ago? What has happened in the last couple days that the authors of that article, and those who were interviewed, were unaware of?

FACT is, fonix does not look like "the Holy Grail" OR the "human computer interface leader" to anyone outside of the company and a few bullish, non-ASR expert investors. What facts am I missing, and how are my opinions less valid than these clearly hyped claims of the company?

I have always remained open to the possibility that the company would generate revenues, I've just been very skeptical that they would be sufficient to drive the stock price to any reasonable multiples of where it is now within the next few years. The Siemens deal fits into what I've been thinking and expressing here for some time - fonix has SOMETHING, but I don't think it's nearly as earth-shaking as the company and some of the bulls claim, and I don't think management will execute for the shareholders benefit the way they should, even if they did have the Holy Grail.

Bob
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