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Technology Stocks : Fonix:Voice Recognition Product (FONX)

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To: Randall E Westberg who wrote (1680)2/22/1998 9:34:00 AM
From: Dr. Bob  Read Replies (1) of 3347
 
Thanks, Randy. You did a good job on the summary - better than I could have!

I don't think there's anything harder than giving up on a stock you once thought had the potential to be a 10 or 20-bagger. There always remains a nagging doubt that maybe you're wrong, and it could still get there. No one's asked my advice, but since I'm on my way out, I'll indulge myself this once - if you're long on fonix, and do not understand the technology of both fonix and its competitors well enough to be confident in your own understanding that they have a good chance to dominate the field, I would recommend holding only a few fonix shares - enough to make you real happy if they make it big time, not enough to hurt much if they don't. Microsoft and Intel were good buys even years after they began to dominate their fields in the early 90's; if fonix becomes world class, you'll still know it before most of the world, and can get in big time.

Good luck to all!

Bob
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