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

To: Randall E Westberg who wrote (2854)	10/10/2000 2:30:30 AM
From: Randall E Westberg	Read Replies (1) \| Respond to of 3347

Mr. Dudley: I do, and <<I'll try not to be too windy>> on that one, but clearly this is a very good question, and something that Fonix desires to be in a position to have analysts follow us, but the real answer for today's current environment is Fonix is now just beginning to establish firm contracts that will generate predictable revenues, and predictable earnings. <<The reason why analysts can't base projections>>, is based on what the company has historically performed. In my honest opinion, and it's clearly my opinion, I believe that analysts will start following Fonix when we have a broader group of contracts that have produced recurring revenues for a sustained period of time generating earnings. What that means is over the next 12-18 months, I would hope and expect Fonix to be in that position. Therefore, <<we do not announce earnings projections>>. It would be foolish for us to do it. Anything that you read on the internet in the chat rooms about revenue projections are fabricated. <<They do not come from the company>> nor do they come from any analysts because there's no analysts out there. It is one of the risk elements of Fonix, investing in a company like Fonix at this point in time. We hope to grown into that position, but it will be based on good firm contracts that are developing, predicatable revenues, and predictable means for sustained and recurring period.