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: T.M.K. who wrote (3727)	8/18/1998 8:52:00 AM
From: Michael T Currie	Read Replies (1) of 15313

Well, TMK, all I can say is that Ms. Marx displays a very refreshing combination of confidence and realism. It was nice to see that she doesn't claim that everything is achievable in the very near term. A clear focus on a few critical bits at a time is the way to go. I think that in this day of instant communications many of us also expect instant gratification - in the form of a continuous stream of news, followed by a share price rise.The recent drop in price is certainly due largely to selling by those impatient speculators who are disappointed that stories aren't flowing out of the company at T1 rates. I can only say that I'm damned if I would want to be out of this stock when the expected news is released. Having said that, I want to throw in my own particular concern for discussion. I would really like to get a handle on the expected completion of audited financials. Two reasons. First, which we all know, is that the vast majority of investors (as opposed to the aforementioned speculators) will not invest in a company that has not been audited. I know that all of us on this board like to think of ourselves as investors with foresight and vision - count me in! - but the plain fact is that the risk level on this stock is twice as high as it needs to be. The intranet service comes first, but the financials have to run a strong second, leading to my other point. It is already August. Before too long, they will be running up against the deadline per the new NASDAQ requirements. Someone refresh my memory, was it the end of the calender year 1998 or 12 months beyond the effective date of the rule that these things had to be completed? Great post and I thank you and the rest of the 'crew' here. Mike

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