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Technology Stocks : Fonix:Voice Recognition Product (FONX)
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To: Randall E Westberg who wrote (1685)2/27/1998 12:06:00 PM
From: Jinping Shi  Read Replies (1) of 3347
 
Randall:

My analogy to AOL follows:

When AOL was around 30 or so, the major concern was their
ability of generating enough revenues. When it went to 60,
the major concern on the board was still the ability of generating
enough revenues. People started to talk about how many icons they
can put on one page to advertise. Now it is 122, I guess we still
have the same concern although I have not checked that line
for a long time.

Similarly here, our concern about FONX is their ability to generate revenues (to most of the shorties). If market is efficient,
the research you or analysts did should not matter at all in deciding to long or short, unless you have inside information.

Jinping
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