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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: Gary West who wrote (7265)10/7/1998 12:10:00 PM
From: Tom Frederick  Read Replies (1) of 15313
 
Mr West, I thought we did have some news just last week. And look what happened. What the market wants, more likely, is some clear sign as to where does FNTN stand with customers and revenues. All the rest can be great but if no one is buying the service, the company isn't making money. And if they are not making money, the stock price will reflect it.

Yes, we need news, but we need news that paints a much clearer picture of when revenues will start rolling in.

Let me also say, that all the information on FNTN I have heard sounds very promising and I am very hopeful of where FNTN may go, especially with Seimens as a partner. However,the market isn't quite so patient, especially in the current world market situation. People will dump what is not moving and dump quickly what is dropping. And don't forget, there is a LOT of margin calling going on. So getting cash anywhere you don't expect and immediate upturn is the order of the day. To a large degree, FNTN is just a victim of the market conditions right now.

Of course, this is all my own speculation. Anyone with other thoughts?

Tom F.
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