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

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To: BlueCheap who wrote (334)10/22/1997 5:13:00 AM
From: KEN MANNING  Read Replies (1) of 2897
 
I had a limit buy all day at .34 with no sucess then I changed
to a market order and it was executed in 5 seconds. Got me!

I'm new to FNTN and do not understand the drop from 7.
With the info from the news releases, there are 4.8mil
shares out which gives a market cap around 1.9mil.
they expect 15mil in revenues and 2.5mil net income
in 98, I'm not sure on what effect the 7.5mil pp
will have on the stock but with projected net income
that is more than the market cap I think this is one
hell of a bargain, using generic non-dilutive math,
that is about a 19 cent return on every share, a
nice 50% rate of return. I'm not an accountant so
correct me if I am wrong. GO FNTN!
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