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


To: Ronald P. Margraf Sr. who wrote (3144)12/28/2001 12:56:24 AM
From: howsmydrivingal  Respond to of 3347
 
Thanks for the response. That is the part that I am wondering about also (revenues).

Looks like revenues are non existent. Overall numbers seem to have improved somewhat in the recent few years. Looks like this company is essentially in a waiting game (Like INSP) and to me, seems to be attempting to increase market share-- possibly through low pricing of their products--in these lean times. Although INSP has money in the bank and no debt, FONX does not seem to have the same resources.

Maybe FONX becomes the 'proving ground' for some good technology at the investors expense or maybe it controls costs enough to stay around on little revenue.

The problem I see (again, I just started looking and have not looked very deep), a company like FONX relies on technology development and cannot slack on R&D. That costs money...

Anynone know of some great patents owned by FONX?...



To: Ronald P. Margraf Sr. who wrote (3144)1/10/2002 2:19:59 AM
From: Dan B.  Read Replies (1) | Respond to of 3347
 
Re: "One just has to figure out how they stay in business an not make money for so many years. That is the puzzle that I have been working on now for some time."

The answer is not puzzling. They've sold technology outright, and mostly they sell shares of newly created stock to generate operating funds. Now that such a long list of very highly regarded customers/partners exists, like never before, odds are they can acquire more still more operating funds.

Only time will tell.

Dan B