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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: David W who wrote (3242)8/9/1998 10:03:00 PM
From: Bill Fortune III  Read Replies (1) of 15313
 
Hi David, absolutely correct in regards to the low float concept

In my Post 3240 I listed the following information:

FCCI has been trading for over 1 year in the $60-70 range and has a capitalization of $579,900,000
CNOTB has been trading for over 1 year in the $120-135 range and has a capitalization of $249,400,000
FBMI has been trading for over 1 year in the $20-35 range and has a capitalization of $74,900,000

Now FCCI has only 3,700,000 in float, CNOTB has 1,700,000 and FBMI has 1,900,000. So your reasoning may be very correct.

Thanks for the posting!

Regards,

Bill Fortune III
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