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

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To: Eric G. Erpenbeck who wrote (799)2/10/1998 11:46:00 AM
From: Wally  Read Replies (2) of 2897
 
Eric:
I agree with you, totally. The "Mex" mess is (in my humble opinion) a case of someone hyping a good stock for his gains, then trashing the same to buy in one more time and take a second ride up.
His words of praise andwords of nays are worth the same.
I think FNTN has been pretty close to on-the-money with their time schedule. FNTN has put a sales force together, as planned. Their web site is going up, as planned. I have heard no negatives about FNTN's product or new operation. In mid December, I wrote to Mr. Sheppard to find out the status of FNTN's then future web site.
Mr. Sheppard wrote back to me and said the following:
"The reason we have not launched our web site is that we have been developing our decision tree and data warehouse. This a very intricate program and it has taken a little longer to develop. I expect we will launch in the New Year."
This doesn't seem to be inconsistent with reality.
As you said, other than a poor choice of IR people, there doesn't appear to be anything fundamentally wrong with this company's product, goals, or time schedule.
Your thoughts?
Regards,
Wally
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