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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN)
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To: TechnoWiz who wrote (1963)5/26/1998 11:05:00 AM
From: Wally  Read Replies (1) of 2897
 
Wiz & Radim: One scenario that may quickly push FNTN directly to the $1.50 point that I've been expecting - a joint announcement from Financial Intranet AND Siemens telling the world that the technical structure is up and running. If Siemens really expects to make a lot of money from this venture, it would be in their best interest to lend credibility and exposure with their own joint PR. We know that Financial Intranet is (or was) actively searching for a new PR firm. Perhaps one that can play on a higher level?
RADIM: In answer to your pump and dump concerns - I think they're very real concerns in that $4-5 dollar area that you mentioned. My hope and best scenario (if everything stays on current course) is that the stock will jump directly to $1.50.. sit between 1.25 & 1.50, then leap & bound its way to that $4-5 plateau after a profitable 3rd Q announcement. The only thing that will protect this stock from the free-falls we've witnessed in this sector is the presence of real profit. The timing of their coming out party should coincide with tangible profit and major player involvement.
So far, Financial Intranet has been playing their hand at a very deliberate and sober speed. These guys may just get there and stay there. This could be a very interesting week.
Good luck to everybody,
Wally
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