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

To: Robert Ague who wrote (1939)	5/26/1998 3:43:00 AM
From: TechnoWiz	Read Replies (2) \| Respond to of 2897

Good Morning Robert: I Don't know if you read all the posts, but we did comment on the (descending) triangle extensively and I for one feel that this formation is still valid. In fact, I was sufficiently impressed with the developing structure going into Friday's close to believe, that if we can build on that action this coming week and resume the upmove back into the consolidation value area, it will be a good enough signal to turn me super-bullish and may even cause me to once again take the wraps off my 'no holds barred buy signal' last alluded to in Post #1056. I would have to say that if this scenario does unfold, I am confident that FNTN's ensuing action will be one of the higher we go, the stronger we get. I am also beginning to see a bit of strength come back into some of the better quality BB's and because of this, I think FNTN's next wave could completely surprise on the upside. Could even be as much as a dollar plus move for the next leg. There are many and varied technical reasons for this to happen and I will try and expand upon some more later. I Don't think old resistance will be much trouble and actually, I would expect the stock to slice through it like a knife through butter and probably overcome Malcolm's $1.06 - $1.10 area as well. Beyond that I would prefer not to try and predict how high FNTN could go. For an indication of that, may I suggest you go to Radim's post #1959 which spells things out fairly clearly. It might pay to go back and re-read his post several times, so that the true implications of what he is saying really and truly sink in to the old grey matter. That way you won't be tempted to sell too early, if this thing really takes off. The technicals certainly are beginning to fit the picture for this to happen. How and why might it happen? Let's just suppose for a moment that there is major money waiting in the wings to get on board FNTN, not to mention the hoard of momentum players that could clamber aboard for the real ride this time. Why might there be major money waiting in the wings. Perhaps because the smart money may be waking up to the fact that FNTN could be an inexpensive way to gain exposure to what is likely to become the hottest area going into the next Millennium. Believe me there are many major corporations looking to gain a foothold in this area as well as the Internet. As I see it, W95/IE/NSCP and the faster modems provided the fuel that powered the mega-growth of the Internet and the Tech Sector over the last few years. It will be W98/NT 5.0/UNIX along with Pentium II and Next Level 1000Mhz plus Super-Processors enabling Ultra-wide Bandwith, that will provide the after-burners for a new growth wave in both the Internet and Intranets that will offer Video Streaming, video-telephony/conferencing, high speed data transfer and all the other exciting breakthroughs that will drag us (kicking) and screaming into the 21st Century. I believe with Siemens well and truly at their back and about to deliver on and install its 'State of the Art Technology and Infrastructure' for Financial Intranet over this and next week, that FNTN will be perfectly positioned to move forward and capture market. Perhaps this will be one of the catalysts that brings on the next wave of major investment buying into this issue. Now, let's suppose that a number of heavyweights are already interested, perhaps even intrigued enough to be conducting their due diligence etc. It is quite conceivable that they may be holding off until the momentum begins or for some other indecisive reasons. But consider this: Say, for example, FNTN is on the list of stocks to accumulate or at the very least have made the 'under consideration' list of these same major players and then quite suddenly all hell breaks loose! What do you think these guys are going to do? Sit back and miss the move - I doubt it. They will be scrambling to get on board. FNTN is too far down the road towards potential profitability to be ignored at this stage. Unlike much of the Internet high flyers and hyped trash that has already managed to defy gravity, they may also be further along the way than most people are aware. Why could there be major players watching from the sidelines and waiting for the right moment to move... According to company documents: Kevin Haggerty, former Vice President - Manager and in charge of US Institutional and broker/dealer equity trading, (not to mention the rest), for Fidelity Capital Markets, a division of Fidelity Investments, was named Consultant / Advisor for the Mutual Funds and Brokerage Industries to Financial Intranet. If he hasn't already whipped up a storm of interest for the company and its products, I would be extremely surprised. As I've already seen posted on this thread, this guys resume is so gold plated, (not my description), it's good enough that it might as well be a plaque nailed to the wall next to the main door of the New York Stock Exchange for all to see, (if you get my point)! In other words the stock must be getting a great deal of incidental exposure, simply by virtue of the fact that many of Financial Intranet's potential clients, could also be amongst some of its most interested investors. As I already reported to you: The rise in the stock price alone has already raised the level of interest significantly both in terms of the prospective services that Financial Intranet intends to offer and also as an investment proposition. If things really do unfold as envisaged, it would not be hard to see this turning into some sort of emerging buying stampede with attendant prices as were outlined in post #1959. It will be interesting to see how this continuing drama unfolds A good night and a good week to all Rgds Wiz