To: Fredman who wrote (13622 ) 8/8/1999 12:05:00 PM From: Guy Read Replies (3) | Respond to of 15313
This is a fair answer, i can accept it as such, but no real reason. Other than a gamble, SOMETHING must have made you buy some of this OTC:BB issue versus another, i am just curious as to what ????? First and above all potential is far and above the most important reason I'm in this one. I don't have significant interest in any other BB stocks because they are such huge gambles. But besides potential, I'm in for the following reasons. 1) The board members are recognized individuals and give some credence to the co. The backing of Siemens is especially important here. 2) MS and MM appear to be very hard working individuals, and I get the impression that they truly want this company to succeed. Good management is key. Don't forget that they will gain the most if this company succeeds. 3) Intranet business is the future, and it will provide large sources of revenue for those in the right place. The financial industry is big business, and people need to have timely secure access to data and video. FNTN is tying these two together, and I like the business plan. 4) If and when the FNTN's business model starts showing solid revenue, and they are a reporting Co., the stock could really take off. Since the stock is in the financial business, it may gain lots of recognition from those in the financial industry. I think the company will do a good job of supporting the stock and helping it rise. But it doesn't make sense to do it now since I don't think many institutions can invest in non reporting companies. 5) They are taking the steps towards becoming a reporting company. The above are the reasons I've put money in the Co. Now I think few other OTC:BB stocks have reasons like I've listed. Now put those reasons with potential and the odds go more in your favor. Some you win, and some you lose. I enjoy taking a little risk, since a stock like this keeps me excited about the market. It is true that I might lose everything I have invested in this company, but I'm learning a lot in the process anyway.