Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Bill Fortune III who wrote (2021)	5/29/1998 3:50:00 PM
From: don roberson	Read Replies (1) \| Respond to of 2897

I think you're right. The short term investor looking for the quick kill. Come end of June they may be sorry for the decision. (hopefully)

To: Bill Fortune III who wrote (2021)	5/29/1998 4:45:00 PM
From: Radim Parchansky	Respond to of 2897

Bill, Daily resolution chart quote.com looks pretty good to me, assuming this stock is not known and between now and the end of June is the period to buy ("on rumor"). The fundamentals have not changed and news is coming in 2-4 weeks, so for the time being we're trading on emotions. I'm more worried about other Internet stock going up to their previous highs and take invested or non-invested funds away from FNTN within next two weeks. One scenario I'm watching, is money flowing from hardware manufactures to software and Internet (still I think separate markets) based on smaller profits on sold computers (over-manufactured, Asia, India...). So, saying that, there should be enough money to invest and the timing and publicity is the key. As far as publicity, big investors will generate news and that is what I'm looking for. Unless the small investors bring the price down to .4-.5 range I'm not worried for next four weeks. Something else I have observed is "any news is a bad news" for last several weeks. I believe this is not based on fundamentals of the economy and FNTN timing can actually be good for that reason. If the market keeps going down for next few weeks (FNTN will hopefully stay steady) the stocks are going to be cheap again and we might see another Internet stocks run-up (20-30%/day) in near future. So, I'm still optimistic on FNTN and market and just using this quite period to learn from the last Internet boom and apply it to the next one, which I believe is coming. Radim