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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN)

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To: Bill Fortune III who wrote (2279)6/12/1998 4:17:00 PM
From: Radim Parchansky   of 2897
 
Bill,
I like the volume 253,500. The price will move based on rumor/news IMO and it will be sudden, that's based on if investors with large amount of funds are following the stock (something I do not know).
Until then I do not expect large positive move based spread or other data. FNTN needs capital and investors need conformation of their business activities. It seems to me that FNTN wants to make it this time and therefore there is some caution with every step they make. I still like the timing, that is market getting into undervalued territory, which results in funds waiting on a side for the next market upward move (to DJIA 10,000).

Radim
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