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


To: ed doell who wrote (1457)12/15/1997 8:03:00 PM
From: Jerry String  Read Replies (2) | Respond to of 3347
 
fonix (FONX): For the trading day of 12/15/97:

Last trade... 4 1/8.... Net change for the day:... - 5/16

closing bid:... 4 1/8.... ask:... 4 5/16

Volume...154,500

Day Low: 4 1/8.... Day High:... 4 3/8

Everyone,

Once again this stock seems to be getting pummelled every day since the announcement of a deal of uncertainty with Siemens. The only respite to this trouncing has been a knee jerk reaction to a few empty announcements of hype from this company's management. Since then, the stock has resumed its horrific downtrend. Longs have been heard to whisper in private circles: "Does the Siemens announcement mean anything if this company goes bankrupt before any product development gets off the drawing board?"
Apparently no financing angels have surfaced after this "dramatic" announcement.
Management vows to keep the empty announcements coming with more vigor as we move toward a new year.

Corporate snap shot (thanks John H):

tscn.com

fonix web site:

fonix.com

Equity funding announcement 10/28/97:

biz.yahoo.com

8-K filing related to funding announcement:

edgar-online.com

fonix/Siemens announcement 11/17/97:

biz.yahoo.com