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

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To: art slott who wrote (999)4/12/1998 3:14:00 PM
From: TechnoWiz  Read Replies (1) of 2897
 
Afternoon Art & Folks: Hope you're all having a nice Easter Weekend.

Just want take some time to review where we are and where I think we are headed.

Question #1 Has FNTN made significant progress during the last quarter?

Based upon responses from management, the answer would have to be a resounding yes.

Question #2 Have they been working hard for their shareholders with the aim of moving the company forward with and increasing shareholder value.

I think the answer again is a solid yes and my understanding is that management has been working overtime, including this weekend to finalize important developments that are likely to begin producing results next week.

Question #3 How does management feel about what they have been able to accomplish so far this year in terms of improvements in overall product potential and the progress made to date?

Better than expected by all accounts. I think we have a competent team running our company in an area that does have a high degree of compexity.

So it appears to me that if anything, the share price does not yet by any means fully reflect these developments and there is no premium built in based on the enormous potential that their strategy holds and the icredible values that are being awarded to internet players.

From a technical standpoint, there are few if any stocks that I have seen that have traded over 35 Million shares during the base building period over the last 9 months or so. If that doesn't feel like a car revving in neutral ready to take off or a wound up spring with the high tensile strength to unwind, I don't know what is.

I believe this is the reason why most of us have kept the faith this long, because experience tells us that long bases like this built on exceptionally high volume can be spectacular performers and the geometric projections that some of you have already indicated are awesome to say the least.

Believe me, if this stock catches the imagination of Wall St as a left behind internet play, some of those projections may become a reality quicker than you think.

A breakout over 30 - 35 cents is going to turn all my indicators plus plus positive and should send this issue up sharply. As I said a few days ago the confluences of technical forces that come to bear at these higher levels, should bode extremely well.

Btw noticed a stock with a similar profile the other day to FNTN that had a base almost exactly the same length. Stock went up over 400% in less than two weeks.

Just a few morale boosting notes

Enjoy your weekend

Rgds

Wiz
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