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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: RWB who wrote (3925)8/20/1998 10:42:00 AM
From: Kevin McKenzie  Read Replies (1) of 15313
 
To spur conversation:

Whenever I find myself wishing for a press release just to get the stock price moving again, I think about the Advanced Health (ADVH) fiasco.

Over the past several months, their management issued several rosy press releases promising to meet certain EPS and revenue targets and customer growth targets. About a month ago, they revealed that, not only had their customer base shrunk, but they would be losing money and their software division sales was disappointing as well.

The stock quickly plunged from 8 to 6, then 4, and it now sits at < 2.

My point is, I, for one, don't want frivilous press releases or empty promises.

Kevin
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