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: don roberson who wrote (1023)4/17/1998 1:11:00 PM
From: Robert W. Dog  Read Replies (1) | Respond to of 2897
 
Don, Malcolm,
Is it a sugar daddy? Banks are no non-profit organiations. What is in it for them? Just some fees, or will they ask for more? Will they want new, additional shares packages?

I'm still not too sure about this. In a way it looks great; acquisitions, take-overs etc... most likely means more skills, products, services, customers and business. But at what price?

I also don't know what to think about this pre-announcement. They didn't announce anything since Jan 14, so what would be the problem to wait another couple of days to make a final announcement? Maybe they did so to warm up the stock price and/or keep us shareholders a
bit happy (after all they promised some news this week to people who called them).

Malcolm, regarding the stock price not reacting too strong on this: I recall that after the Jan 14 announcement it also took a couple of days before the price really rocketed.

Excitement is on its way anyway, and hopefully we'll be all very happy we remained our faith in FNTN this long.
Cheerio, Robert