Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Fonix:Voice Recognition Product (FONX) -- Ignore unavailable to you. Want to Upgrade?

To: cdtejuan who wrote (2613)	1/22/2000 7:08:00 PM
From: Witold	Respond to of 3347

There is a thin line between a POS and a piece of gold (remember TSIG at 0.05 a month ago?): 1. FONX featured in the Penny Stock Gazette From the Jan 22 issue of The Penny Stock Gazette: pennystockbook.com ******************************************************************** The Staff's Penny Pick of the Week The staff's consensus pick of the week is Fonix Corp. (OTCBB: FONX) Current Price: $0.245 We are picking this stock based on our DD and some recent market trends. First of all, we have identified a pattern in this stock. Examine the price history in the chart below this profile and you will see that on at least 4 separate occasions, anytime this stock dropped to around 28 cents it soon rebounds to $0.50-1.00. We have marked these occasions with ** in the chart below. FONX currently sits at 0.245, the lowest price its seen in a long time AND is under the 28 cent magic number. If you look at the spikes in price, you will find that they often coincide with press releases. Fonix has not had a press release since December 6, so there is a very good chance that they are due to put forth another press release soon. We feel that a good press release will cause this stock to double or triple in value as has been demonstrated on the 4 other prior occasions. Another reason for picking FONX is the recent explosion of voice recognition software companies on the OTCBB. In the past few weeks, other voice recognition stocks such as IVOC and TSIS have made huge runs. IVOC has run from around a quarter to nearly $4 1/2 in the past month! TSIS has recently begun to enjoy similar results as well. Will FONX be the next player in this industry to make a run? We think it will. Fonix has deals with mega companies such as Microsoft, Intel, and Lucent. For more information on the company, check out their website at www.fonix.com