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


To: TechnoWiz who wrote (1589)5/8/1998 10:07:00 PM
From: Mike M  Respond to of 2897
 
Techno-

Is STAR proprietary?

Mike



To: TechnoWiz who wrote (1589)5/9/1998 4:41:00 AM
From: Michael T Currie  Respond to of 2897
 
Hi Wiz, > After learning my own lesson in selling CCI way too early, for a measly 60% gain in 1991 at the expense of a becoming 1900 percenter, and after buying it for only 10 bucks, I vowed to develop a system that would enable me to ride those winners no matter what, through whatever storms or turbulence the market might throw at me. I actually agree fully with what you are saying and certainly believe that FNTN has a very bright future indeed, but we have to recognise the reality of the situation. A lot of shares were purchased down in the $0.25-0.30 region. This is not the 'measly' 50-100% gains to which many have referred, it is more like 300%. The temptation is there, many will accept that the stock has had a great run and will take their profits. We have seen this over the past few days. The strength of yesterday's action is very encouraging. I believe that we now have a number of new participants with a much higher basis. Mike



To: TechnoWiz who wrote (1589)5/9/1998 8:17:00 AM
From: don roberson  Read Replies (2) | Respond to of 2897
 
I've got to say that its comforting to read other folks have had the experience of getting into a long term winner, only to play it short term.
Like I said, I have my own. AOL, Best Buy, Starbucks, A few times I have been in the winner, only to travel with it up, and travel with it down. Those stocks, though, were up because of "pure speculation"
without any real product. I was just listening to a radio program on Warren Buffet. We know in 81 Berkshire was selling at about 1200, and now its at 69,000. His philosophy is to pick a company with good management, and product, and stick with it through good and bad times. Of course none of us could have predicted the unbelievable success of the stocks we mentioned, but we probably could say that we had no "real" reason on getting out of them. Except for the fact that it "woulnd't be exciting to just sit on a stock for a few years". And thats what keeps many of us (me) from building a fortune. No patience, because we are "hooked" on the trading game, rather than
looking to increase our net worth. For me its hard to admit. But I know I get a high out of "trading" stocks. Or I used to. I've mellowed a lot lately. Especially when I see where I could have been if I had held onto the "good ones" and stopped going into "speculative trash". Gees, look a COKE. But who could have predicted that in 15 years, a $1000 investment would be worth $75,000 now. Most of us
do not want to trade that long term. ITS TOO BORING. And when you have the possibility, especially in this market, of finding many small companies, where you can get a 300% uptick, very quickly. But in the long term, how many of us do that so well, that we can match the long term philosophy. Many here have indicated they have hurt themselves by "jumping out" at a percentage gain. This works sometimes, but probably for those stocks that didn't have that much behind them anyway. I'm hoping for all of us, that perhaps this one will give us the long term goals we are saying we are now looking for. So, in the future, lets talk more of where this one could go as we increase in price, rather than putting a short term price goal on it to jump out. If FNTN has a product, internet, that starts to grab the attention of the investment community, and we see a good trend in subscriptions, there will be no reason to jump out. Just sit on the train until we are sure its time to get off, based on fundamentals. I have AOL as my painful example. Any more, the idea of getting into a stock with good potential,and leaving it there, while I enjoy life, and do other things, is much more appealing than continually looking for the next one to jump into and out of, in the short term.



To: TechnoWiz who wrote (1589)5/9/1998 1:16:00 PM
From: T.M.K.  Read Replies (4) | Respond to of 2897
 
Hi Wiz,
Guess what ? I got a call from a gentleman called Michael Sheppard just half an hour a go. I was very much overwhelmed by the call and the discussion.

Here we go guys:
1 - WEB Site - "not next week but very soon". He would rather test it for 30 days or more to make sure that it is delivering the message and quality they are looking for. It is taking a lot of work and Siemens Experts are doing their best to have it up soon.

When the web site is up and running "YOU WILL SEE A DIFFERENT AND AGGRESSIVE APPROACH WITH FNTN TOWARDS DOING THINGS" M. Sheppard.

2 - Investment Banker deal - "DONE". This will probably be the next announcement.

3 - Letter of Intent: They are getting audited results for IDB Inc. only then they will finalize the deal SEC requirements. "Very encouraged by company products and services" MS.

4 - NASDAQ filing in the process may take some time. hundreds of companies are in the line. Share price and market cap are of importance for the listing in addition to complying to other rules. "DETERMINED TO GET IT WITHIN FEW MONTHS" MS.

5 - New business/contracts - YES, and that, in addition to the previouse sales, is what's going to make the company profitable by year end. They have incurred huge expenses last year, showed a loss of 2 cents in the unaudited Q1 "DOES NOT CONCERN ME AT ALL" MS.

6 - MS is very confident about the progress and the future of the company. If we have people like him who are confident and not least concerned about the future of the company because they know what they are cooking and how nice it will be, why should we. He was hired to do this job because of his background and qualifications and I for one trust the guy.

7 - He reads FNTN posts on SI so he is fully aware of your concerns.

He was very open and frank and did not hesitate in addressing all the concerns.

Well, I am sure Wiz could have said it better than I did but in a nutshell cheer up guys and be long, we have a winner, no let me rephrase it we have a killer.

Best regards to all.
TMK