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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: The Philosopher who wrote (9833)1/5/1999 8:01:00 AM
From: Radim Parchansky  Read Replies (1) of 15313
 
Chris,

Last year information I have received from the company did not have "solid" timeline. This was very much a startup with basic issues being still unresolved and I took most of the deadlines with caution. The most important once where very close to the target - their web site and Intranet. Financials - you're correct, not much to work with but they were out, shareholders meeting - well it happened, sales - not so great, visibility - more then expected (FNTN is being looked at by many companies). I had more hope then expectations for last year. This year this is a different story. The infrastructure is up and running, they have clients and experience were sales work and were they don't,... all together this is the first time the company is starting to be serious. The recent information from Michael about $1.5 mil and 2nd Q reporting target are the most confident I have heard from the company so far. That's all we have for now, I do expect the company to live up to their projections and have complete information with quality of reporting company from now on. This is what I've been hearing from Michael as well and it is different from last year when information were more BB quality.
Chris, this year is very different from 98. If you don't want to invest now, monitor the PR this and the next Q.

Radim
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