SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : Financial Intranet Inc. (OTC:BB:FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: jpbp who wrote (374)10/23/1997 10:39:00 PM
From: Greg Wilder  Read Replies (2) | Respond to of 2897
 
FNTN looks as fundamentally sound as a penny can get. It's amazing that most of these penny companies are just smoke and mirrors. When they announce revenue of $600K it's almost scoffed at. If you find a penny like FNTN, MDCE, EUTO, or AWLT, that are real businesses with revenue, you need to buy now and hold.



To: jpbp who wrote (374)10/23/1997 10:42:00 PM
From: TechnoWiz  Respond to of 2897
 
jpbp, I was referring to sales as appearing to be on track or ahead of expectations.

I had heard that they were close to winning a few accounts, so I was quite surprised to learn that they already signed 20 Broker/Dealers. I am led to believe that this was ahead of their own expectations.

If they can keep going at this pace or accelerate it with an expanding sales force, they could have a minimum of 240 or more companies on board by this time next year. As for the Website, I had not factored that in, but I prefer sales and results.

I have spoken to Barry Stein a number of times and am very impressed with him. Apparently he has 30 years experience on Wall St and has executed business for most of the big name and major institutional houses. I have also heard that he has excellent connections at all levels and was part of the driving force behind the Shark system's success, which can only bode well for familiarizing people with FNTN's products and services.

As for the technicals, I would be reasonably happy with any close between the low .40's and the highs, wherever they may be by the end of the month, but as I've said a few times, the higher the better and potentially stronger as a result.

Rgds

TechnoWiz