THNS - Technest Holdings (Prev. FNTN) Message Board

STOCKTALK

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 0.00

Jun 7 5:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Tomato Man who wrote (13420)	7/29/1999 1:37:00 PM
From: JW@KSC	Read Replies (2) of 15313

Re: BH & TM - New Facility Heard reply from MS that included information that FNTN is moving to more spacious quarters in Mt. Kisko, north of their present lease space. Don't have any real particulars other than it will be bigger. Can't be anything but good news if they are moving before their current lease is up which he indicated is the case. This seems strange (on the Positive Strange side). From the new SB2A: "FACILITIES Financial Intranet's principal offices are located at 410 Saw Mill River Road, Ardsley, New York. Such offices are located on two floors leased by Financial Intranet under two leases. A lease for 909 square feet at an annual rent of $18,675 terminates on December 31, 2000. A lease for 700 square feet for annual rent of $15,575 terminates on December 31, 2000. Financial Intranet believes that the offices are sufficient for its current operations and proposed operations through the term of the lease." To me being a hard core techie, this appears to be very good news. It's easy to move your Administrative Assets, but you just don't unplug your equipment and move it, without disrupting operations. "Broker/dealers and financial advisors are currently offered two levels of access, informational access and interactive access. Interactive access allows broker/dealers and financial advisors to schedule video conferences. Information access provides video-on-demand and news. Delayed quotes on securities prices are available for no additional charge on our web site. We recognize that broker\dealers require real time quotes. Real time quotes and financial data are available through Financial Intranet's co-marketing agreement with S&P Comstock for an additional charge. We could provide real time quotes directly if we construct a second data center with the proceeds of a maximum offering. The second data center will afford us sufficient redundancy in our hardware to improve our reliability if our primary data center sustains a disruption." The bottom line IMHO is they have the funds available to purchase equipment for a Second Data center. They may move out of the old facility, but the equipment there can be moved to a new location. TomatoMan - Will you ask a few questions on Friday relating to the above? Thanks, JW@KSC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next