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

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To: dharampal luthra who wrote (2569)6/24/1998 7:13:00 PM
From: don roberson  Read Replies (1) of 2897
 
If your calculations are correct. 46 Mil shares for Yahoo
and its selling at $148, what in heck are we talking buy backs, etc. etc. Is 11 million shares THAT gross for this company to have its
share price go up to a respectable level???? And buy back shares
WITH WHAT. I'd rather them use the revenue to upgrades, and new
acquisiitons. I just don't get why 11 million shares is that unacceptable for this company. The other companies had less shares
but their initial share sprice must have been much higher, yes?
I mean, people, we got into this one for pennies. If they had any more shares out I'd be concerned, but 11 million considering how hot internet stock is, I don't see FNTN having ANY trouble making it
to $5-$10 a share once they get their feet runing.
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