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


To: Wally who wrote (2568)6/24/1998 6:57:00 PM
From: dharampal luthra  Read Replies (3) | Respond to of 2897
 
Just did a calculation for Yahoo. Market cap 6.885 Billion dollars. current price $148.0 per share. Number of shares = 6.885Billio / 148
= 46.52 Million. That is 4 times the number of shares of FNTN. Now is float another thing. Someone please explain.



To: Wally who wrote (2568)6/24/1998 6:57:00 PM
From: Bill Fortune III  Respond to of 2897
 
Wally, my thoughts are pretty much along the same lines as yours. I would hope to God that FNTN would not do a reverse split like you said that would beat the hell out of it. TO ANYONE WHO IS READING THIS POST FNTN HAS NOT IN ANY SHAPE, WAY OR FORM PROPOSING SUCH A THING. We are only sharing ideas here so do not read anything into this post that does not belong.

I agree that Michael Sheppard most likely would not address this proposition right now. I would suspect that he and his management team have a their plates quite full at this time. I do believe that when FNTN starts making profits they should in part be invested in a stock buy back. Its effect would only enhance FNTN stock. But right now I think that would be putting the horse before the cart with all that FNTN is involved in at present. I like you Wally am sure that he has thought about this.

Bill Fortune III