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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)
THNS 0.00Jun 7 5:00 PM EST
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To: Wally who wrote (2324)7/28/1998 6:21:00 PM
From: Radim Parchansky  Read Replies (1) of 15313
 
I have positions in other 20+ BB stocks. For most of them I'm worried about the price being to high for what they offer in the present or near future but in the case of FNTN it's the reversed, that is why is the price so low for what they are going to offer in the near future?
Until last week, FNTN was still another BB stock except they promised a lot, as others do but had good plan of execution but no track record or product (web site) which would indicate the level of seriousness I was looking for. The new web site showed me that they are as serious as I could ever expect. If this (web site) is any indication of what's to come (Intranet) this is a 20 - 50 dollar stock (I was questioned when posting the prices but I do believe we'll see those levels).

Just to summarize:
Intranet - coming soon (next month)
IDB - coming soon (couple of months?)
Contracts - this year (how long does it take to close one?)
NASDAQ - in process of getting audited statements (probably this year)
SIEMENS - will help in future expansion in Europe (1999 - 2000)

The above is by far more than most of the BB stocks offer. This company feels more like NASDAQ company already and this is not hype, it is based on following many other OTC stocks. As soon as the first contract is signed much better projections of revenues and profit will be possible. As for the last week actions - we moved from "if" to "when" and "how much".

Radim
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