1. A method of analyzing speech information comprising the steps of time quantizing the amplitude of electrical signals representative of selected speech information into digital form, selectively compressing the time quantized signals by discarding selected portions thereof while substantially simultaneously generating instruction signals as to which portions have been discarded, and storing both the compressed signals and instruction signals, wherein said method further includes: (a) time differentiating the electrical signals prior to the time quantizing step and the signal compressing and storing steps include the steps, (b) selecting signals representative of certain phoneme and phoneme groups from the time quantized signals and replacing portions of these selected signals corresponding to parts of the pitch periods of the certain phonemes and phoneme groups by a constant amplitude signal while generating instruction signals as to which phonemes and phoneme groups have been so selected, (c) selecting signals representative of certain phonemes and phoneme groups from the time quantized signals and storing only portions of these selected time quantized signals corresponding to every nth pitch period of the waveform of the original speech information electrical signal, and storing instruction signals as to which phonemes and phoneme groups have been so selected and storing instruction signals as to the values of n, (d) separating and storing the time quantized signals representative of spoken words into two or more parts, with such parts of later words that are identical to parts of earlier words being deleted from storage while instructions signals as to which parts are deleted are stored, (e) storing portions of the time quantized signals corresponding to selected phonemes and phoneme groups according to their ability to blend naturally with any other phoneme, the selected phonemes and phoneme groups including voiced and unvoiced fricatives, voiced and unvoiced stop consonants, and nasal consonants, (f) delta-modulating the time quantized signals, and (g) Mozer phase-adjusting a selected periodic waveform by Fourier transforming the time quantized signals to generate a set of discrete amplitudes and phase angles, adjusting these phase angles so that the inverse Fourier transformation of the amplitudes and new phases is symmetric, inverse Fourier transforming the phase adjusted amplitudes and phases, storing one-half of a selected waveform as representative of each discrete set of phase adjusted amplitudes and phases and discarding the other half of the selected waveform.