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


To: TechnoWiz who wrote (615)1/14/1998 4:27:00 PM
From: BlueCheap  Read Replies (2) | Respond to of 2897
 
Hello Techno, Been reading daily, I need something to be on the move, its been a while sence I could trade anything:) My main contact for FNTN has had a stroke, and is in hospitial but his daughter says he'll be back in the office soon. Has his own brokerage, He's a great fellow, and very knowledgeable. I'll not name him but lets wish him well.
Thanks for all your info, made me hold on to my FNTN:)
Malcolm



To: TechnoWiz who wrote (615)1/14/1998 6:39:00 PM
From: Robert W. Dog  Read Replies (1) | Respond to of 2897
 
Wiz,
I guess it takes a bit of time for this news to reach a broader audience.
The main group of small investors probably logs on after they return from their work.
The larger investors probably don't look this way too much, but might become interested when they run into the figures shown.

Initially FNTN expected to generate $15 million in gross revenues and $2.5 million in net profits for 1998.
If we just assume that 20% of the publishers accept the services that would generate $60 million gros, so probably $10 million in net profits.
With 10 million shares outstanding (correct me if I am wrong), this would mean $1,- profits per share.
What stock price can this implicate?!! This is a bargain.

Yet, we have to keep in mind that this contract is not a guarantee for whatever sales or revenues. It is 'just' an agreement to offer services. The publisher End users still have to make their own decissions whether or not they use the service offered.

But it sure looks good.

Cheerio, Robert