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

To: john harris who wrote (1373)	11/20/1997 6:52:00 AM
From: Jerry String	Respond to of 3347

<<However, he said profits could be some time away, as he estimates it will take 18 to 24 months after the technology is integrated before the companies realize gains from the alliance.>> While they burn $7-$10 million from operations each quarter, they must do better than this deal. If that upfront dough of "multi-million dollars" isn't $30 million or so, this company's in serious financial trouble. They better cut a deal that produces revenues NOW not 1.5-2 years from now. <<Next year will be 'our transition year when we move from a development stage company to a commercial firm,' proclaimed Fonix Corp.'s (FONX) executive vice president of strategic development, Roger Dudley>> Hey Rog, looked at your balance sheet lately? You may never get a chance to "transition"!