SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Voice recognition - who will dominate?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Victor_F who wrote (78)9/24/1998 12:32:00 PM
From: Dr. Bob   of 81
 
Victor,

Just a few words of caution, even at this level:

1. The vaunted fonix neural network technology is STILL not available on any product on the market, and has only one very small licensing agreement in place, with Siemens.

2. The two companies whose products fonix is selling, AcuVoice and Articulate, were both struggling to make it in the marketplace on their own. It remains to be seen whether fonix, with no prior experience at acquisitions (except the terribly bungled KLSE experience) can turn these money-losers into profitable subsidiaries.

3. Check out the competition (especially LHSPF) and the number of licensing agreements they are developing on an almost weekly basis. Even though fonix has made a little progress with the acquisitions providing them products they seem not to have been able to develop internally, the competition is on a roll. FONX is further behind now than they were two years ago, or even 6 months ago.

You might consider waiting until after the 3rd quarter earnings announcement, when it will be clear 1) whether substantial revenues are being generated by AcuVoice and Articulate, and 2) whether Siemens is serious about a major relationship with fonix. The only reason to buy now is to maybe get lucky with the buyout talk that's going on - but I'm having trouble figuring out who would pay well over $100 million for a player who is no better than third in any of the markets they compete in. I think this is more likely a ploy to allow a few more people to get out of the stock before it tanks entirely.

Bob
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News