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


To: Jim Porter who wrote (1804)5/18/1998 1:42:00 PM
From: Wally  Read Replies (2) | Respond to of 2897
 
Jim: Reluctantly, I have to agree with you. There's a great deal of hype and high hope on the FNTN thread. I think we have a couple of classic pumpers, too. I don't excuse myself from the list of those supporting the high hope euphoria.
I do feel very good about Financial Intranet's chances of success and I sincerely hope my DD foundation and gut are right this time.
I very much appreciated your input and must tell you that it has sobered me up. I hope you continue to say your piece on the thread. If not, I'd love to get your take on this stock and why you're long on it (warts and all).
Thanks again,
Wally



To: Jim Porter who wrote (1804)5/18/1998 3:49:00 PM
From: Speedster  Read Replies (2) | Respond to of 2897
 
You need better researching skills. Try lexis-nexis if you have to, but I will help you along and I guess you will read this on the weekend. On January 14, 1998, Business Wire published an article that headlined: Financial Intranet Signs Agreement to Offer Enhanced Communications Services to 125,000 Insurance Agents. Michael Sheppard said that it has been estimated by Richard Hill, president of Hill Publishing, the Financial Intranet could expect to initially sign up to about 20% of their agents/subscribers, which would represent potential revenues to Financial Intranet of about $5 million per month. The contract calls for Hill Publishing to develop and implement an informational and promotional campaign to communicate and endorse the business benefits, efficiencies and cost savings of Financial Intranet's array of interactive communications to its subscribers, located currently in Florida and Texas.

Furthermore, if you did your research befitting a highly educated person, you will see that Sheppard was quoted that "the revenue we expect to generate from this source of fiscal 1998 is over and above the $15 million in gross revenues and $2.5 million in net profits that the company initially projected.

If this does not signal blast-off, then I am a monkey's uncle. Your statements without adequate research will do more harm than good for the stock.