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

To: BlueCheap who wrote (1405)	5/1/1998 1:57:00 PM
From: T.M.K.	Respond to of 2897

Hi Malcolm, I absolutely agree with your message especialy "I think the test is NOT the $1 but rather the current price and I also think that in a couple of hours we should get a feel on the support of that. A drifting of the bid below .70 could create mild concern for protecting profits." Management should have some announcements in their pockets to throw in case of emergencies, however, today even if it fall to 0.7 or lower it should not be alarming because it has done a good run in the past couple of weeks. Next week however should be very interesting, because investors will be expecting some pending announcements and price should be picking up early in the week. It seems to me that the deal with investment bank should be secured by now. Reason, they are acquiring new companies which mean cash to be spent, even though it was a letter of intent. They will for sure need to move the price up for the Nasdaq listing, which I think they are doing a great job with the staggered announcements to establish solid new base lines for the stock. In so far as the volume for today, it is much below their week average which could mean two things: 1 - Weekend coming and traders are restless by now. 2 - Most of the long term holders are not welling to budge in the expectation of new price highs next week. Having said that there should be some weak runners who will get scared by the falling price and will try to get out, hence dropping the price a bit down. As for me I am a stubborn player and will not give in until I see FNTN @ 5 and that is FIVE BIG ONES. We'll talk about then. Good luck to all the supporters of FNTN and keep the good thoughts and analysis flowing. TMK P.S. Any one talked to Mr. Sheppard lately ?