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


To: Toni Wheeler who wrote (2706)3/1/2000 10:36:00 PM
From: Toni Wheeler  Read Replies (1) | Respond to of 3347
 
This poster on RB is, IMO, T U N E D - I N...

<<<By: gowireless
Reply To: None Wednesday, 1 Mar 2000 at 9:50 PM EST
Post # of 26510

Here's my read on FONX. READ I've got 20 years in computer software development, including some work in voice processing. The announcement of the SDK is a big step. Their beta partners show their product is potentially very good. The stakes are huge because we're talking about the wireless Internet and all the mobile devices that will access the Internet. Projection are that 1 billion Internet phones will be deployed across the world by 2004. If 10% of those have voice recognition and FONX's technology is at the core, that's a good revenue stream.

FONX will make money by selling the SDK and charging a distribution license for every mobile device using the technology.

Automobile mobile devices are key to FONX's success. The laws around the US are slowly but surely banning using cell phones while driving. Voice recognition and text to speech solves that.

Also as wireless networks explode more and more data services will be available to wireless devices. Your car radio will be a computer with Internet access, email capability, even digital access to mp3 music.

Picture this... your in your car and you want to download a song you like. You use FONX's voice recognition to have this whole event take place and you don't have to take your hands of the wheel.

From what i can see the FONX technology must have an edge over competitors. Probably because it ports in a small footprint to the processors used in these new mobile devices.

This is where the potential is and this is why it's not outlandish to see this company doing $500,000,000 in revenue in 4 to 5 years.

Consider.... 1 billion mobile devices with 10% having voice recognition. That's 100 million and say FONX get's $5 licensing fee for each unit sold. Get the picture!!!

This is why you're holding long with FONX->>>