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


To: Dan Dieffenwierth who wrote (2552)6/24/1998 12:56:00 PM
From: Bill Fortune III  Read Replies (1) | Respond to of 2897
 
I ran across this Post on the Raging Bull Thread.

Below is reprint of e-mail received from the FNTN president!

received via e-mail 6/22/98

"We are holding to our current schedule and will reintroduce the web site
first week in July with the Intranet a month later. I can not comment
on any financing until we become a *** reporting Company ***. But there is no
problem with operations. .

Michael Sheppard

FINANCIAL INTRANET, INC."

read very carefully how this e-mail is worded as well as the emphasized mention of becoming a REPORTING COMPANY!
(The above was posted on the Raging Bull Thread on 6/23/98)

Bill Fortune III



To: Dan Dieffenwierth who wrote (2552)6/24/1998 1:03:00 PM
From: Bill Fortune III  Respond to of 2897
 
Dan, you wrote:

"Bill, I just had a limit order filled at 41/64 which was only .000625 above the bid. Would you think this
means a dip coming. Why else would they fill an order so close to the bid? I would rather see the afternoon
good volume and a small increase like we have been having.
Dan "

My opinion and comments:

That's not unusual. In my opinion and experience this can mean that the bid and ask price are just coming closer together, which is good for the stock. I don't know if the price will drop, who does, but we most likely will see some technical correction off and on over the next few days and weeks. That is what helps establish a base price from which to move upward.

Bill Fortune III