Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: T.M.K. who wrote (1049)	4/20/1998 12:24:00 PM
From: Joe Senesac	Read Replies (2) \| Respond to of 2897

My thoughts are that these are great results for a startup. I will be interested to see how much cash they have in the bank once they become fully reporting. I have a feeling it is quite substantial, thus no capital needs. The IPO price was somewhere around $7, so they must have had a rather large proceed from that (7M shares x $6 = $42M). I don't get the feeling that they have spent huge sums of money, either - they seem like a rather lean and mean operation. As far as losses, how long did it take yahoo or excite to become cash flow positive? This is very close already. Any more thoughts?