1st Net Technologies ( FNTT ) Message Board

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

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To: Pink Minion who wrote (866)	3/26/1999 12:14:00 AM
From: jackil_54	Read Replies (6) of 1827

FNTT is a great company but SINC is an even better one.SINC has been on a terrific rally.They have plans to build a fiber optic network and sell to local carriers which could potentially allow thousands if not millions of users everything from pay TV to high speed internet access.I was told by the company when there are only 6 million shares outstanding presently and only 800,00 in float. Not bad for a company with such lofty aspirations. Here are a few paragraphs from Southland Financial (SINC) corporate profile. The business strategy is based on the following worldwide developments: The continuing viability and growth of telecom carriers will increasingly be dependent on having direct access and thus relationships with customers. This direct access will enable carriers to provide integrated telecom services to customers and these services include: telephony, pay TV, fast internet access and other interactive services. The demand for high quality transmission capacity that is required to handle complex voice, data and video telecommunication, will continue to increase and require higher bandwidth digital fiber optic networks. The principle elements of the company's business strategy. The company intends to invest and build a highly reliable and versatile telecommunication network in Hong Kong that will provide local access to the homes and offices of customers. Carriers in Hong Kong will lease transmission capacity and lines from the company as the demand is required on a "pay as you use" principle. The company will build the infrastructure in partnership with the carriers who are the direct customers to the company, adopting a just in time format. Also, it is written in their profile that the company will shortly be announcing a world class Board of Directors and Senior Management Team. It looks good so far, I will try to get more information on the company tomorrow and post it as soon as I can.

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