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


To: rickd1 who wrote (545)12/7/1997 7:54:00 PM
From: froland  Read Replies (1) | Respond to of 2897
 
rickdl: Point well taken. There are many publicly traded companies without web sites. Companys without web sites like NPEC or CTHR may argue that their business is not web based therefore, having a web site is not critical to their success. And to a certain extent I can understand. However, for a company like FNTN whose name and core product is intranet/internet based, I don't see any excuse. They said the web site would be up and running in October, then November and now December.

We've also heard financial forcasts from them. Are the financial forcasts as accurate as their web site forecast??? Or, are their financial forcasts as accurate as the major monthly news report we are still waiting for?? Will their 98 revenue forcast turn into 99 forcasts and so on?

I've spoken with Mr. Stein and I've read the "investor package". Neither gave me a good feel for the service they plan to offer. As an investor (I'm currently out), what I'd like to see is a demo of their service on the web site. Then I might be able to say "that's a great concept. I want in on this for the long haul." To me, it looks discouraging that the company promises dates but the dates come and go with nothing delivered. I hope they don't make similar promises to the customers.

froland.