THNS - Technest Holdings (Prev. FNTN) Message Board

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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)

THNS 0.00

Jun 7 5:00 PM EST

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To: Michael Baron who wrote (156)	7/15/1998 8:24:00 AM
From: jpbp	Read Replies (2) of 15313

I would appreciate some who can make an educated analsis of how many shares might be loose in the float and not in strong hands....I have been trying to think of how to put some sort of proper valuation on this company (without hyping it and after the floodgates are released) and I keep coming up with a few noteworthy items. #1 - This about the smallest # of shares in an internet/intranet company that I can find. 16 mill compared to 46 or so for the yahoos, amazons, infoseeks, etc. ( my point being that the # of shares in this company is about 1/3 many others - which "ought" to reflect a price that could potentially rise 3 times as fast when/if the street begings to value this company with serious money) For example....if the street says this company will be profitable....in an exploding sector......with unknown/at the moment undetectable potential and we will value it at 1/2 billion. May sound crazy initially to us....but it's peanuts compared to search engine companies that don't have 1/2 the potential this co. does beung valued at 8 billion and more. At any rate even a 500 mill market cap (which I can see in a year by the way) would mean a 30-32 dollar share price. The scary thing is if we truly do prove profitability/perceived need in the market place even that could be very conservative. #2 - "loose shares" or float should be VERY tight as this company begins to define itself. There have already been volumes written about how many are wishing to get a piece of the next pie that looks this good. I do believe it might be fair to imagine people stumbling over them with very clumsy feet.....paying almost anything to get them initially. I do know for sure they will not have my shares for 2 years period.....no matter what!! I'm not seling this too early and I can afford risk. #3 - This will 'look like a stock for MM;s to short and to play with which could only add to the volatility and upward explosiveness of the issue. I salivate when I read posts on the old YHOO, AMNZ and AOL threads when people can't believe it's selling at 30 and say they will short it with all they are worth when it gets to 35. Hmmm....I guess they must not be worth too much now. Why annyone would step in front of a train that can run that fast is beyond me....and I no doubt believe fortunes will be lost as well as made for those who can't envision a company's future that's as bright as FNTN. I have a favorite passage I love to tell my congregation over and over again ( I know Malcolm and Raven know this by heart) "Where there is no vision the people perish" Proverbs 29:18 Well I believe the company has a very bright and focussed vision and I believe I better be gettin off to my parish. Best to all and very very long, jpbp (please someone look constructively at what I've said and dialogue with me about it)

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