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


To: zhaolen who wrote (2207)3/25/1999 7:46:00 PM
From: cdtejuan  Respond to of 3347
 
Friday hunting season reopened!!!!!!!!!!
>>Mar 25 1999
7:15PM EST

Thursday March 25, 5:53 pm Eastern Time
Company Press Release
SOURCE: Nasdaq Stock Market
Nasdaq Schedules Resumption in Trading in Fonix Corporation
WASHINGTON, March 25 /PRNewswire/ -- The Nasdaq Stock Market® has announced that
trading in Fonix Corporation (Nasdaq: FONX - news) is scheduled to resume March 26 at 10:00
a.m. EST.

For more information about Nasdaq, visit the Nasdaq-Amex Web site at
nasdaq-amex.com or the Nasdaq-Amex Newsroom(SM) at
nasdaq-amexnews.com.

SOURCE: Nasdaq Stock Market



To: zhaolen who wrote (2207)3/25/1999 8:13:00 PM
From: cdtejuan  Read Replies (1) | Respond to of 3347
 
Hi all,

I'm happy that fonix is traded again. I think that the far majority of investors are really frightened, what will happen now on the markets.

I think we will see tomorrow the day with the highest fonx trade volume ever. And this will be due to a massive panic selling of investors and some heavy shorting, i think.
John Harris, as you are declared short, I would be interested on your view. What do you think will be the price you would cover your shorts if ever?

I think we can expect the price to drop in the first minutes to under $0.50. perhaps even as low as 0.25.
I think at this level massive short covering may follow, because fonix or its fillets might be bought by another company in the worst case scenario. That should IMO justify a price of 0.30 in the minimum.

I think we will start under 0.50 and close substantially higher than the days low. I think that the GMGC chart after their bad earnings some days ago will repeat. I think tomorrow will be the worst time to sell, as it seems far unlikely to me, that we will start with one $ and slowly decline, so that one can bail at .9 or so. I think I will ride this pony to the end, especially if there is no chance to sell above 0.5$! crazy ;-)

It will be interesting what kinda news release DR.(N)O has pointed at. if it is something very good (LOL....I know this is fonix!!!), this might work like seat-belts....

Good Luck to all longs, better smoke a joint tomorrow, calms down!
;-)

Regards,
Juan

PS: I wont be embarassed in case my panic scenario will not happen. better have some more $$$ in my pocket.....