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

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To: TechnoWiz who wrote (615)1/14/1998 6:39:00 PM
From: Robert W. Dog  Read Replies (1) of 2897
 
Wiz,
I guess it takes a bit of time for this news to reach a broader audience.
The main group of small investors probably logs on after they return from their work.
The larger investors probably don't look this way too much, but might become interested when they run into the figures shown.

Initially FNTN expected to generate $15 million in gross revenues and $2.5 million in net profits for 1998.
If we just assume that 20% of the publishers accept the services that would generate $60 million gros, so probably $10 million in net profits.
With 10 million shares outstanding (correct me if I am wrong), this would mean $1,- profits per share.
What stock price can this implicate?!! This is a bargain.

Yet, we have to keep in mind that this contract is not a guarantee for whatever sales or revenues. It is 'just' an agreement to offer services. The publisher End users still have to make their own decissions whether or not they use the service offered.

But it sure looks good.

Cheerio, Robert
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