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Microcap & Penny Stocks : FNTN-Is Financial Intranet the most undervalued net asset?

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To: dharampal luthra who wrote (347)8/24/1998 2:21:00 AM
From: dharampal luthra  Read Replies (4) of 364
 
LURKERS' CORNER AND EST. SI CONTROLLED FNTN
SHARE COUNT: 8,799,095 (BASED on reported holdings only)
(reported and added 48,500 and 0 were traded
Today- Sunday)

LURKERS' CORNER allows SI members and NON-SI members
to participate in
the FNTN discussions. They are also encouraged,
in complete confidence to have their share holdings added to the
total so that we know how much influence the SI threads have on
the stock. As of
today, the share count is shown above (dont rely on it please),
after
making the
adjustments reported below. This column is printed once daily
(whenever
possible) and is for FNTN only.

If you dont have access to SI please feel free to write to Harry at
the e-mail
address pal@pacbell.net and I will try to post your message here
within 24 hours
so that others can provide you any needed answers.(You can also
request
FNTN_MAIL the unofficial newsletter for FNTN)
TO ACTIVE MEMBERS: Please respond to LURKERS'
CORNER (this
message) when you see questions here.

--------------------adding 46,500 (as I always say for every seller
there have been buyers who have not reported, IMO - Harry)

Hi Harry,

Thanks for all your efforts in tabulating the FNTN sharecount,
it's one of the big reasons I keep building my FNTN position.

Added 16.5 K shares today bringing my total to 46.5 K shares.
(haven't reported my shares previously).

Thanks Again,

-------------------adding 2,000

Harry . I added 2000 more @ 1.01 .Feel real good about a 30%
gain but will
hold out for more.

-------------------From a regular Lurker

This is the fourth time I bought into the fear and the fourth time it
has
worked out, at least so far! I have often commented on the number
of posts on
this board and they're proportional to the stock price, watch them
increase in
the next two weeks! I was trying to get some info. the last couple
of days and
SI wasn't the place to find it, lots of cheers and excitement but
little DD.
Those of you that read the letter I sent out know that Empire
Financial (the
co. that will help IDB market their pagers ) has been advertising
their
services on CNBC. Think of the magnitude of this one marketing
ploy alone,
this could make IDB worth more than a dollar a share let alone
what FNTN is
worth! And I just have a feeling that FNTN and IDB will not stop
at Empire
but will offer their services to many brokerages..( HEHEHE,
guess who sells
FNTN'stockk?) Don't forget IDB is only one facet of FNTN, one
of several
products. Now, with several brokerages aware of this emerging
co. and their
fine products, how far do you think 18 million shares is going to
go? What
happens when there are 5 buyers to every seller? Don't forget
there are some
people with huge holdings in this stock, so there are not a lot of
potential
sellers anyway once the stock has some perceived value! (say 5
dollars) As
always, JMHO, do your own DD!

---------------------------eom ------------------------------------

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