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: Bill Fortune III who wrote (816)	7/21/1998 12:54:00 AM
From: Wally	Read Replies (2) of 15313

Bill: In answer to your double question (re: siliconinvestor.com Question <<Do you think that the shares that have been accounted for in the "Lurkers Corner" about 6,000,000 are in the hands FNTN investors who are long and will not sell their shares in the near future?>> Answer: No.. and yes. If I had to come up with numbers, I'd guess that 2 million of those shares will be sold at an average of $1.50. I also would comment that a substantial portion of the shares owned by SI thread members are being held "long." Substantial could mean the remaining 66% or 4 million shares will be held to $4.00-7.00 range. Perhaps as much as 2 million held beyond 7.00 (if we're fortunate enough to see that value again). In the event of a meteoric, Internet-style climb, these figures could be much higher on the long/long side. For 2/3rds of the thread's shares to be held to $4.00 or more qualifies these shares as LONG. Question #2: Do you think that the shares that have been accounted for in the "Lurkers Corner" about 6,000,000 are playing a part in driving the price of the stock up because are not available to the market place? Answer: Yes! It's doing a tremendous amount in keeping the price stable (Today's action is still a mystery. I'm hoping that there was a lot of outside buying going on). For a small cap, FNTN is not in over-abundant supply. Thanks to Harry, we now know that. As a matter of fact, we may be the most potent element in FNTN's current survival arsenal. General consensus would suggest that even the more conservative and skeptical among us realize that FNTN could be a home run. Make that a Grand Slam! If 66% of the current (known) SI holdings are still tucked away after the stock passes $1.50, I think the longs will have their day. Wally

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