1st Net Technologies ( FNTT ) Message Board

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Microcap & Penny Stocks : 1st Net Technologies ( FNTT )

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To: Mario1 who wrote (18)	1/6/1999 12:21:00 AM
From: Greg Writer	Read Replies (1) of 1827

To answer your question this is yes and no. We were profitable through 3rd qtr of 1998 but I do not have the figures for 4th qtr yet and I believe we will have lost a little money for the 4th qtr. We had some extraordinary expenses during the 4th qtr due to a move and the hiring of additional staff. I am very confidant we will come out the 1st quarter of this year cash flow positive and are projecting approximately $5-7 million in gross revenues for calendar 1999. Up 200-300%! Now if we have great success with some of our technologies we could blow by those projections very easily. As we make announcements about our technologies and their impact on their respective markets you will see what I mean. Have a great day! Greg Writer The followings is a must for the protection of my shareholders. The foregoing statements may include numerous forward-looking statements concerning the company's business and future prospects and other similar statements that do not concern matters of historical fact. The federal securities laws provide a limited ''safe harbor'' for certain forward-looking statements. Forward-looking statements in this posting relating to product development, business prospects and development of a commercial market for technological advances are based on the company's current expectations. The company's current expectations are subject to all of the uncertainties and risks customarily associated with new business ventures including, but not limited to, market conditions, successful product development and acceptance, competition and overall economic conditions, as well as the risk of adverse regulatory actions. The company's actual results may differ materially from current expectations. Readers are cautioned not to put undue reliance on forward-looking statements. The company disclaims any intent or obligation to update publicly these forward-looking statements, whether as a result of new information, future events or for any other reason.

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