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

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To: Wally who wrote (802)2/10/1998 10:40:00 PM
From: Eric G. Erpenbeck  Read Replies (1) of 2897
 
Wally,

What I find intriguing the most about FNTN is that they seem to understand what makes investors interested in their company. They are doing all the right things.

They are trying to promote that "HYPE" is not what they seek. If you'll remember that "humancash" character was gone very quickly.
They have made a recent public press release clearly stating that they will become a fully reporting company with 10K and 10Q's. This is a huge one to me because the OTC BB stocks can run havoc, while many shareholders are in the dark on what's really going on. The 10K's and 10Q's make DD so much easier for all investors.

Furthermore, they have a good chance to generate significant revenue as noted in their most recent news release even if we all assume that they won't do a tenth as much as they publicly stated with very few outstanding shares, the bottom line will still look great. I believe the low number of shares that are outstanding is a huge plus for us to see significant price swings when and if the news comes that we are hoping for (booked hard revenue numbers).

Fourth I like that the stock is down from 6 or $7 a share and there are some investors out there that don't own this stock at anywhere near the price we do... It is for these reasons I feel this one is worth the risk long term. I will really feel my risk is reduced once they become a reporting company.

I have no problems hanging in throughout the Yo Yo effect that many here on this board have bought and sold several times on. I feel that if an investor believes in the fundamentals long term he is best picking up shares on the downs (at the lows like .25 for FNTN) to price average for the anticipation of the big one, which should come in time. I must admit many here have timed it great but I don't want to miss out when it does great and one can get burned when trying to time the market. I know that many here have not and congrats to them and now they can do as they please with no risk either way. I remain holding and a delay on the web site means hardly a thing to me and is as significant as the IR concern. If they haven't put it up then it must not be right and I would rather it be right and late then on time and wrong.

Just my 2 cents worth.
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