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: JOHN WHITE who wrote (8794)	12/13/1998 5:41:00 PM
From: Bill Fortune III	Read Replies (1) of 15313

Greetings everyone. I have just been thinking about the most recent post on SI by John White # 8974 “To check out more articles on Siemens' newest technology and alliances: siemens.de “ along with many others that have been posted over the last week on SI and Raging Bull. Those posts offer endless possibilities for FNTN and it alliance with Siemens and Siemens new alliance with 3Com. Additionally I am still wondering what the overall implications of Mr. Joe Engelberger who is the recipient of “ the 1997 highest Japanese technology honor, the Japan Prize, for the establishment of the robot industry” (sometimes referred to as the father of robotics) and Mr. Stephen S. Weller who is currently the Vice President of Sales for the Computer Systems division of Siemens Information and Communication Products LLC both whom are now (or will be shortly) members of the FNTN Board of Directors. My mind is reeling endlessly with the future potential for and direction of FNTN. My tiny little mind is have trouble grasping the overall magnitude of where this is all going to lead to. As has been stated by many on the threads why would all of this (and much more) be taking place if FNTN were not being groomed for something much greater then I personally can imagine? We have all seen or heard of many stocks coming out of nowhere and going up by 100%, 200%, 500% and even over 1,000% in very short periods of time in the last few months. Could this be what is in store for our FNTN? I for one believe that is what is going to happen. I don't know much it is going to be worth in the months and years ahead. But I personally believe that the value will be much greater then anything we have seen recently. So all of this has lead me back to my TA side. I was just taking a quick look at the charts today and found the following to be very interesting. So for what it is work I will share it with you. As to the charts themselves: You will need to highlight (select) the following link and paste it to the address line in your internet browse and hit enter. SI will not take the link as a link so this is the only way you can get to the charts that I am talking about. askresearch.com The above chart relates to the following: The top 2/3 of the chart shows the last 6 months as does the bottom 1/3. The upper part relates to the intermediate trading range in relationship to the Bollinger Bands and it would appear that it is very possible for an upward breakout base on the following description: These are fixed lines drawn above and below a moving average of price and the width of the band varies with the volatility of the underlying security. Bands widen when the volatility of the security increases and contract when volatility decreases. The time period for the moving average can vary but John Bollinger recommends 10 days for short term trading, 20 days for intermediate trading and 50 days for long term trading. When prices break through a band it usually indicates that the move is strong enough to continue further and sharp moves tend to occur when bands tighten. After hitting a band and not penetrating it the moving average of price will often be the next support or resistance area. For a more detailed discussion of Bollinger Bands please see e-analytics.com And the lower part of the chart relates to Stochastic which to me appears to be giving a bullish upward signal base on the following description: The Stochastic is a momentum oscillator developed by Dr. George Lane. The premise behind the Stochastic indicator is that when a stock is rising it tends to close near the high and a falling stock closes near it's low and this is plotted as two lines, the fast stochastic (%K) and slow stochastic (%D). A bullish signal occurs when the %K rises through the %D when it is below 20. A bearish signal occurs when the %K goes under the % D above 80. Dr. Lane believes the most important signal occurs when the %D and stock price diverge. This is often seen when a stock makes a new high and the %D clearly fails to reach or better it's old high. Conversely, a stock is oversold and ready to reverse when it makes a new low but the %D fails to confirm that low. The final indicator on the top 2/3 of the following chart: Again you will need to highlight (select) the following link and paste it to the address line in your internet browse and hit enter. SI will not take the link as a link so this is the only way you can get to the charts that I am talking about. askresearch.com It shows that the current “Exponential Moving Average” (EMA) for the last 50, 100 and 200 days and the current price is above all three. Bullish in my opinion. I do apologize to one and all for this very elongated post. And as always there are just my opinions and thoughts. Best regards, Bill Fortune III

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