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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: dharampal luthra who wrote (13599)8/4/1999 10:54:00 PM
From: don roberson  Read Replies (1) | Respond to of 15313
 
Yes. The bubble has burst. And I think its well known that the enormous growth of day traders can be attributed to the "internet phenomenon" and vice/versa. These folks mostly traded in internet stocks. Some even quit their jobs to do such, thinking it would never end.
The shock waves have begun and a reality check is setting in.
HOPEFULLY, what we have "heard" about the future and current activity is correct and that those looking for growth will come on board.
I along with many just wish this hadn't taken so long. but perhaps FNTN will be that green pasture for many investors. The next two weeks .......................... will hopefully bring forth what FNTN actually is, rather then the two years of speculation we have been riding. I hope no one gets hurt. I hope MS and "faculty" are what we have been led to percieve.



To: dharampal luthra who wrote (13599)8/5/1999 12:58:00 AM
From: Dr. Stock  Read Replies (1) | Respond to of 15313
 
Much of the strong downward movement on this stock has been market maker manipulation. I believe this because this stock has gone down over 10 cents on numerous days with volume of only 100,000 shares (or sometimes less). I don't have the exact details, but today there was almost equal buying and selling and only 166,000 shares traded, yet FNTN went down 10 cents.

Personally, however, I don't care where this stock is now (50 cents or 75 cents or whatever). I care where this stock is 6 months from now. By then FNTN should be a very different company. FNTN should be a fully reporting company with a major marketing campaign, and revenues in the millions. Whether these developments happen will determine if FNTN shares are at 10 cents or 10 dollars.