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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN)
THNS 0.00Jun 7 5:00 PM EST

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To: TechnoWiz who wrote (2504)7/31/1998 12:41:00 PM
From: Wally  Read Replies (2) of 15313
 
Wiz, Radim, Don (& Malcolm):
The four of us (Wiz, Radim, Don & myself) are probably the boldest predictors concerning Financial Intranets upper end stock value potential.
Last week, when I threw out $30 dollars as a potential, A few people jumped all over me (and Radim) saying we were anything from hypsters to insane. Malcolm questioned me (curiously - not negatively) on the possibly of a .25 cent stock ever hitting that plateau, and if there was ever a precedent for that kind of price-rise. I checked with my friends at Iomega first for their historical charts.
Here is their answer:

"The low point for the (Iomega) stock on a split adjusted basis would have been $0.17 in 1994. The high point, again on a split adjusted basis, was $27 in May of 1996."

Now, here comes a fresh idea (remember, Iomega had to compete with established players like Syquest) and a new little sector called "The Internet."
So you non-believers and agnostics out there - you tell ME where the limit is. I can't see it, folks.

Wally
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