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

To: don roberson who wrote (1555)	5/7/1998 10:38:00 PM
From: Radim Parchansky	Respond to of 2897

With regard to their new Web Side - as I mentioned earlier when BAAT posted their info on a web the stock took a big dive. My interpretation was that the news was just too technical. It seems that FNTN management can attract investors with their statements which is a big plus at least for the short term and this needs to show on their (web) side. This event is going to be another test just like breaking resistance in the stock price, then go over $1, then 3rd Q earnings showing profit (maybe double the estimate)... So few milestones ahead (which generates news - reflects in volume and a price) and something to look forward. Too bad I was not following the "birth" of MSFT, AOL and other hi-tech stocks, could use some experience here - combined with the recent internet stocks run-up. Radim

To: don roberson who wrote (1555)	5/8/1998 12:26:00 AM
From: TechnoWiz	Respond to of 2897

Good Evening Don: The more doubt being expressed here about FNTN, the better chance it has of rallying, just as it did when people who never believed we could come this far this fast, watched in awe as it actually happened. There has been a little too much optimism, (even I've been guilty of that), in recent days which may have restrained the stock from continuing higher. Still can't understand why people feel it necessary to announce their portfolio movements, accumulations and decumlations to us all. In my view, the value we have been building at these higher levels has been very solid and constructive and potentially creates a better technical foundation for the next move. Notwithstanding any doubts raised here or anywhere else, for that matter. I for one, cannot ignore the awesome lift-off power of the up-move thus far. With its humble beginnings back in October on that initial massive volume reversal, followed by the unshakably strong high turnover base created thereafter, I marvelled at the way it withstood every selling onslaught like a rock, repelling multiple attempts to break its spirit. I've said it before and I'll say it again. The price projections arrived at by geometric progression off this base are potentially so high, they're unprintable at the risk of sounding stupid. No one can tell how far we will really go, but so far the charts have not failed us. The structure foretold of a brighter future in recent past and the explosive re-adjustment in price is not only telling us something important. It is foretelling of even better tidings in the future. The market never lies. With that in mind, it is beyond interesting to observe how, in recent days the unfolding fundamental revelations appear to be have more than lived up to expectations. Now that things have quietened down a bit, this issue has a much better chance of moving higher and may even surprise in the way it does. The action today is typical of a fake out low vol move, before a sudden breakout. I can't count how many times I've seen this sort of thing. FNTN even did a little fake-out spike down of its own, to new half-yearly lows in mid-April, before it began this record breaking run. For a preview of what may happen (and it's only an approximation), check out Donna Karen, (the stock I mean, symbol DK!) and see how it ran up nicely after consolidating and building value at $14. Notice how it closed off on a down close that incorrectly implied it might continue lower. In fact just the opposite occurred as it quickly resumed its uptrend and ended up trading sharply higher. Happens all the time... A good night to all Rgds Wiz