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


To: BlueCheap who wrote (616)1/14/1998 5:51:00 PM
From: TechnoWiz  Read Replies (1) | Respond to of 2897
 
Hi Malcolm, I figured you were watching and waiting just like a million other people must be...(gg). It's been quite a drought, but finally things are starting to happen.

Actually, I am really impressed with the recent news releases. If they do half of the potential already envisaged for the this year, this stock should be in double digits at least if not the teens, (based upon some of the ridiculous valuations I've seen elsewhere).

I am sorry to learn of your friend and broker suffering a stroke. That is a real tragedy. Please pass on our best wishes to his family that we wish him a full and speedy recovery.

FNTN closed very well today on good volume. A similar upday tomorrow, preferably with a gap opening could yield big gains. I heard today that a big mutual fund of 9 billion is 75% in cash because he can't find any value in the market. Pssst...Someone ought to tell him about this little jewel!

Btw, when Mutual Funds are so cashed up, its usually a good sign the market can move a lot higher. When this news was announced today, initially the Dow sold off about 20 points, then it turned around and rallied 70 points.

By the way, I meant to complement you on the amazing job you did trading SEXI. It was a pity you averaged down on the way down as well, otherwise you would have been a huge winner. You will be next time!

Have a good evening,

Rgds

Techno



To: BlueCheap who wrote (616)1/14/1998 5:55:00 PM
From: BlueCheap  Respond to of 2897
 
Before folks make a mistake about post #616. It is NOT Bill Mathews that I was referring to. It is another contact, I just thought I better make this clear as many might think it was Bill and its not.
Malcolm