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

To: blair holder who wrote (1010)	4/15/1998 11:31:00 PM
From: Joe Senesac	Respond to of 2897

I bought 20K shares yesterday and 20K shares today in that one busy time period. At least my broker tells me I did, the electronic confirmation shows only 10K shares today. Someone sold a 33K block today right before the 55K block was bought. I don't think TA does much for this stock, even with all that buying the bid fell. It just doesn't make sense to me. I would like to hear TechnoWiz's take, too! Thanks for all the good posts everyone - this is an excellent thread for the most part.

To: blair holder who wrote (1010)	4/15/1998 11:52:00 PM
From: JOHN WHITE	Respond to of 2897

Blair if the ratio of buys to sells is that pronounced and the stock is not moving up one might assume the MMs are sitting on FNTN and accumulating. Certainly the market makers are privy to the bullish rumors circulating and they are getting all the cheap shares they can get. My best advice :Relax and let 'um - nothing anyone can do about it anyway . When the MMs do this it usually signals a breakout is near. Why would they want lots of FNTN ? ...to sell on the way up . John