SI
SI
discoversearch

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.
Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)
THNS 0.00Jun 7 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DayTraderKidd who wrote (7271)10/7/1998 2:43:00 PM
From: Wally   of 15313
 
Peaceful: My contact at Smith Barney believes that the market will undergo a total recovery within 3 months. The reasons are multiple.
1. The end of the year is the time for mutual fund investments via retirement funds. Nobody in their right mind is going to put their money in a 4% (or lower) bond.
2. The market has already reacted to topical news about World markets well ahead of the general public's knowledge of same.
3. The US economy is still fundamentally in terrific shape.
Your are correct about blue chips recovering first. However, FNTN has reacted tangential to the market. It also has witnessed a 4 times increase in 10 days on moderately comforting news having nothing to do with sales or profits (internet site announcement). I fully believe that this stock will soar on news of real sales and on real profit. In the end, this is what always separates the winners from the losers. This is the quarter when it is supposed to start happening, so you may want to pay attention a little sooner than anticipated.
Regards,
Wally
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext