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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: Michael Baron who wrote (2536)7/31/1998 4:32:00 PM
From: Wally  Read Replies (3) of 15313
 
Michael: I agree with you on the potential of a short time period to breakout. Radim was just being generous.
I received an e-mail from MS today stating that the time schedule for the INTRAnet debut is still on target for August. IMO, the Intranet debut, albeit expected by us longs, will be the backbone for both an initial pop in price (over $2.00) and enough additional exposure (since they'll be in business, officially) to bring in many new BB investors.
To me, the big question is whether or not the stock price will start to inch up to $2.00 before the announcement and then go another 50 cents or higher on announcement day. The stock rose on expectation before the INTERnet site announcement and then did little more after the announcement because (IMO) it was already where it belonged. The Intranet debut will obviously be more important. We may have started to feel the first anticipatory fluctuations today.
Wally
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