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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN)
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To: Ronald de Castro who wrote (446)11/5/1997 12:35:00 AM
From: John Fairbanks   of 2897
 
I Agree... the last thing you want to do is sell now and miss this thing
taking off... I sold NRID abut this time last year at 1.20 cause I needed
the money, only to see it hit 3.25 a couple weeks later... and before the
run it retested a low.

On OVIS/RMIL... just be careful. After seeing the 8K I am convinced
the company doesn't have financials to support anything above .20
and it's trading at 3.50 right now. Within a year it will go from 3.8MM
shares outstanding to 18MM. Long term it may be a good company,
but I doubt it will ever be a great company. Because of all this, I
expect it to crash WAY hard as soon as the short squeeze is over,
or as soon as people stop throwing money at the stock thinking there
is a short squeeze. I'm not convinced either way... and now everybody
and their dog is trying to sue eachother.

And yes, you're hearing this from a card carrying Cartel member... at
some point people need to see what really is and not just what they
hope for... I hope people know what they're doing... I don't expect it
to go higher than $6, and that not a high enough return at this point
for me to take the risk of throwing more money at it when there are
stocks like this waiting to go up 3 or 4 times their value that are more
solid companies.

Just my 2 cents... I stopped posting to the thread a long time ago
because I got yelled at for being negative. Oh well.
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