To: NightHawkZ who wrote (13579 ) 8/4/1999 11:36:00 AM From: Dr. Stock Respond to of 15313
NightHawkZ, thanks for your informative post. IMO, the most important points are MS is sticking to 1999 $5 million revenue, SEC approval should be very soon (8/15), and 2nd quarter revenues (said to be over $90,000) will follow shortly. For starters, SEC approval and decent 2nd quarter revenues will give FNTN more credibility (especially confirming MS's statements), and FNTN share price should go up to at least $1 (maybe more depending on the amount of revenues). IMO, almost all investors, like yourself, have lost confidence in FNTN. Sec approval and good 2nd quarter revenues reported by the end of August will go a long way towards improving this current sad situation. I suppose at present we will see this stock slowly drift and hopefully it will be upward, but not much will happen until SEC approval and more reported revenues. In terms of this stock going to $10, it depends on how close MS comes to meeting the $5 million in revenues for 1999. NightHawkZ I can understand your doubts about FNTN. Remember that $5 million in revenues would be just the tip of the iceberg, and it would be the exponential revenue growth this represents in the internet/intranet sector that would light a fire (inferno) under this stock. This is a longer term concern for me (lets get decent 2nd quarter revenues and SEC approval first), and time will tell. I am greatly encouraged that MS is still saying $5 million in revenue by the end of 1999, and considering we are already into the 8th month, this is very auspicious. IMO, MS would have revised his 1999 revenue prediction by now if it looked like he had no chance of meeting them.