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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: Radim Parchansky who wrote (3965)8/20/1998 7:18:00 PM
From: Ariella  Read Replies (1) of 15313
 
Radim -- I don't really get your point. A couple of your posts since yesterday seem obliquely directed at me for blame as if my posts had contributed to this selloff.

I don't have that kind of power.

As for your attempt to teach me that profits are less relevant in start-ups than management's "vision," please remember that I was not the first person to bring up the question of profits. Mike Sheppard did it in his own company press releases. If he didn't realize it before, he'll figure out soon that it's never a good idea to throw out projections to the Street, unless you're really, really sure you're going to make them. He would have been better off not projecting profitability in a specific future quarter.

If a company wants to be valued for "vision," it should stick to comments about potential market share and stick to educating its investors about the vision itself.

In the absence of developments, a $2 price for FNTN is unsupportable. In the absence of news, I repeat my belief stated this morning that the $1.15-$1.30/share band is a good place to buy shares.
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