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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 (2284)6/13/1998 2:16:00 AM
From: dharampal luthra  Read Replies (2) | Respond to of 2897
 
Hi Everybody, Got a call from MS.I had sent him an e-mail about a month ago asking him to call me when he got a chance. I did not drill him with any questions but chatted for a while.When asked, he said it was OK if I wanted to come by to visit the office in Ardsley. Site will be up this month but not for public viewing. Public viewing in July. He said that they were very positive about the company.

( I did not expect the call and was almost stunned that it was him)



To: don roberson who wrote (2284)6/13/1998 10:46:00 AM
From: Bill Fortune III  Read Replies (1) | Respond to of 2897
 
THIS MAY BE OF INTEREST TO SOME OF YOU.
In my opinion FNTN is showing excellent resistance to the current 50 and 200 averages. If investors stand their ground, new investors come in and with the release of good news we should see a sharp upturn in FNTN over the next few weeks. Although FNTN may retest the averages averages (which are continuing to edge up), I believe it should continue to climb based on what I just pointed out.

Since about April 24th when FNTN took it's sharp rise, the daily closing prices have held above the 50 day (red line) and 200 day (blue line) trading (moving) averages. You can see this by going to the chart below:

dailystocks.net

Here is a review of all the daily trading and the weekly averages since April 20th.

Date Close High Low Open Volume
6/12/98 0.65 0.66 0.62 0.63 253500
6/11/98 0.67 0.68 0.6 0.64 221500
6/10/98 0.62 0.064 0.59 0.62 69900
6/9/98 0.64 0.67 0.61 0.67 69900
6/8/98 0.67 0.71 0.6 0.61 321800
Average 0.65 0.5568 0.604 0.634 187,320
6/5/98 0.58 0.58 0.54 0.56 100200
6/4/98 0.58 0.6 0.52 0.55 129600
6/3/98 0.57 0.61 0.55 0.61 101800
6/2/98 0.61 0.61 0.58 0.6 207400
6/1/98 0.6 0.65 0.6 0.65 214600
Average 0.588 0.61 0.558 0.594 150,720
5/29/98 0.625 0.67 0.615 0.67 184800
5/28/98 0.66 0.67 0.59 0.6 326800
5/27/98 0.6 0.64 0.55 0.61 176600
5/26/98 0.587 0.65 0.55 0.56 79400
5/25/98 Memorial DAY
Average 0.618 0.6575 0.57625 0.61 191,900
5/22/98 0.61 0.65 0.54 0.65 259300
5/21/98 0.61 0.68 0.6 0.68 205300
5/20/98 0.62 0.65 0.55 0.58 393700
5/19/98 0.58 0.76 0.58 0.72 581600
5/18/98 0.74 0.8 0.74 0.8 189000
Average 0.632 0.708 0.602 0.686 325,780
5/15/98 0.8 0.812 0.74 0.79 186900
5/14/98 0.81 0.83 0.79 0.83 136200
5/13/98 0.83 0.84 0.75 0.84 251800
5/12/98 0.82 0.85 0.8 0.83 242500
5/11/98 0.83 0.86 0.77 0.82 333500
Average 0.818 0.8384 0.77 0.822 230,180
5/8/98 0.81 0.84 0.7 0.79 434500
5/7/98 0.74 0.84 0.74 0.81 192300
5/6/98 0.81 0.86 0.77 0.86 207800
5/5/98 0.85 0.87 0.77 0.83 363800
5/4/98 0.84 0.88 0.76 0.84 468400
Average 0.81 0.858 0.748 0.826 333,360
5/1/98 0.84 0.85 0.73 0.84 384400
4/30/98 0.8 0.9 0.77 0.83 559700
4/29/98 0.79 0.87 0.6 0.87 1559700
4/28/98 0.84 0.95 0.8 0.875 1157000
4/27/98 0.812 0.85 0.69 0.73 1811800
Average 0.8164 0.884 0.718 0.829 1,094,520
4/24/98 0.65 0.65 0.48 0.51 1459800
4/23/98 0.49 0.51 0.42 0.49 977300
4/22/98 0.43 0.49 0.378 0.43 1239700
4/21/98 0.36 0.37 0.285 0.36 532900
4/20/98 0.29 0.29 0.26 0.29 311900
Average 0.444 0.462 0.3646 0.416 904,320

Bill Fortune III