Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: SCRUFF who wrote (1641)	2/18/1998 2:13:00 PM
From: Dr. Bob	Read Replies (1) \| Respond to of 3347

Scruff and all, I know the Business Week article was written two months ago, but the Siemens agreement was known back then, too. I have a little problem with you and Randy criticizing the research efforts of the opposing views. Financial data is a crucial part of research, and I don't know anyone who has done it better than John Harris. Figuring out the entire ASR field and how fonix might fit into it is crucial, and I don't know anyone on this thread who has researched it any more than I have. Furthermore, I have asked questions bull should have been able to answer - i.e., is fonix's hiring of new software engineers an increase in staff, or because of turnover? How do fonix's patents compare to other neural network ASR products out there? And no-one has answered me. So the extent of research on the part of the bulls appears to be primarily talking to people at fonix, Siemens and related entities and taking their word for things, for the most part. That's not unimportant, but it's not dazzling research, either. The fact is that none of us can assess the technology, because fonix won't (or can't) demonstrate anything that works very well to the public. So the best we can do is evaluate where this technology might fit into the move to ASR ("skate to where the puck is going to be"), and figure how fonx might fit into that picture. Then we evaluate management, and see how well we think they might execute those opportunities. After that, we're down to opinion, and our level of risk/reward investment decisions. I can accept that you and others have a different opinion and different risk/reward profile, but please don't denigrate the level of effort that some of us have put into trying to understand this company, its product, its management, and its place in the field of ASR by saying we haven't done good research, or that it's out of date. Bob