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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: John Bissell who wrote (12163)5/1/1999 7:01:00 PM
From: Craig S. Owens  Read Replies (1) of 15313
 
Hi John,
I am a lurker on this board. I bought in @ $.75 a month or so ago. It appears that I haved timed the bottom correctly at $.75 unless of course your $.50 prediction comes true. I had a chance to unload this stock at $1.50 for a pure double shortly after I purchased it but held on because I feel this one has the potential to go higher. I must admit it wasn't fun watching it run back down to $1 but I am happy that it appears to have established a new bottom. I guess I am different from you DD investors. I don't have the time to do the DD that is required to pick stocks. However I read the stock boards and look at financials (When available) to develop my gut feel for a stock. Also if the posters are all one way, it also brings out caution.

I agree that there are negatives as you pointed out. I also feel that at my purchase price, there is a major potential upside that allows me to hang on. Perception is always a big issue to me as well. The website would take 4 hours at the most to update. It isn't rocket science. Not signing a very important document on something as serious as an SEC filing is very tacky. Let's hope that the company will handle these opportunities swiftly as they are not major but yet important for image.

I currently have a GTC buy order out there for $1. My gut tells me to accumulate as much as my piggy bank will allow. As JW said, if it drops to $.50, what an opportunity to load up if you feel good about the future. Currently I will wait for good news and financials and the effects of the PR campaign on CNBC. I don't study charts but I enjoy hearing that they are looking good!

Hopefully this board will be honest about this company. Hey every company has good and bad qualities. Sometimes the long termers don't like to hear it. My suggestion is let's put it all on the table. I happened to go over to the RB FNTN board and the tone was closer to negative. Who knows what this stock will do? I am just hoping that I have made the right move and will be rewarded in a few months time.

Thank you to all the posters that have been very fair about sharing information to us lurkers. I enjoyed JW's post and if this stock does 1/2 of the things he predicted, Mama will probably raise me to two sessions per month.

Good Luck to you and say what you feel. The intelligent reader will take it for what it's worth. I'm on the positive side right now but that's also because I'm hoping for good things with this stock.

I guess I've stalled on washing the car long enough.
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