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Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: Greg Wilder who wrote (339)10/21/1997 10:07:00 PM
From: TechnoWiz  Read Replies (1) | Respond to of 2897
 
Greg, the more I think about FNTN's proprietary high bandwidth intranet capabilities, the more I ask myself why did Bill Gates invest 2 billion in high bandwidth cable companies, that six months ago were the out of favor dogs of the market. He already knows that the old telephone wires and systems are obsolete 20th century museum displays - high bandwith inter-active coaxial which can carry massive amounts of data voice and video at hundreds of times the speed of current internet connections is where the future is at. I think FNTN acted well today, it has a double spike interday low that looks as if it has done enough downward probing to send this issue sharply higher. From a technical standpoint a penetration of last weeks high should carry the stock significantly higher. I am sure that my indicators will strengthen this case as and if the stock continues to post higher closes. It's going to be interesting if this scenario unfolds along these lines. The joining of Haggerty as special consultant tells us something - he's done his homework. With his resume Wall St should be falling over themselves to have this guy on their team especially in the current hiring mania.

TW