Good Evening Bill: I think the words you have written today are the most prescient and important of the last few days.
I personally believe that there is a little too much over-anticipation evident in regards to forthcoming events. For example: Comments about the Website in it's current state etc. From what I hear, the programming and development of the new website is apparently being done by specialists on both the East and West Coasts and also out of Europe, which I mentioned a week or so ago in one of my posts. One of the questions that I put to the management is how the website will differ from others and I have been more than satisfied by their responses as I know they are keenly aware of standout requirements.
I believe what we witnessed yesterday, was the old shell temporarily located at the new server site maybe for speed trials or something. Seems like the speed is up to par! From what I hear the rest will be too.
To elaborate on some of the background that I have turned up. I would like to re-post this announcement in July 97 by Siemens Pyramid regarding Financial Intranet' decision to choose Siemens Pyramid advanced technology and Software. I think reading this will clear up any doubts people may have as to where this is all going and it appears clear to me that there has been a monumental effort involving a ton of programming, preparation and beta-testing in putting all this together to get it to the launch and ship stage. Everyone who calls there knows that they are all fiendishly busy trying to complete things on schedule and finalize on a variety of fronts.
Look, they surprised us before and I for one believe they will definitely not disappoint us with all that they plan to deliver. On the few occasions I have talked with Management, I have come away singularly impressed and detect more than a quiet confidence, rather more of restrained excitement over all of what they are working on for us. Therefore, I'm more than prepared to be both realistic and patient, because I am confident they will deliver a superior product, but as anyone in business knows, from Microsofts to Microcaps, even 'insanely' great products don't always ship on time. I'm not saying this will happen, I'm just not fretting over it. I'm simply staying cool.
Here's the initial release by Siemens:
SIEMENS PYRAMID SERVER TECHNOLOGY TO
POWER WORLD'S FIRST ONLINE, SECURE VIDEO
NETWORK FOR FINANCIAL COMMUNITY
New York-based Financial Intranet selects Siemens
Pyramid to drive high-end, multimedia network providing
video training, product, marketing and communications
services to brokers, dealers and mutual fund agencies.
SAN JOSE, Calif. (August 26, 1997) -- Siemens Pyramid
Information Systems, Inc. today announced that Financial
Intranet, Inc. (OTCBB: FNTN) has selected Siemens
Pyramid(R) to provide hardware, software and other
components for its multimedia information delivery system
serving the financial community. New York-based Financial
Intranet is scheduled to deliver video-on-demand learning
services, interactive video teleconferencing, customer lead
generation, mutual fund product information and
state-of-the-art communications services to its members
via a secured intranet connection starting early fourth
quarter 1997.
Financial Intranet's high-end network linking independent
brokers, dealers and mutual fund agencies will be the
world's first video-on-demand resource delivering secured
video information to the financial community. The network
will serve as Financial Intranet's primary information
delivery channel to its subscribers in the United States,
Canada, Europe and the Pacific Rim.
"In addition to serving our subscribing members, we will
use Siemens Pyramid servers on our Web site for
individual investors looking for an online resource to help
them evaluate their investment options," said Michael
Sheppard, president and chief operating officer of
Financial Intranet. "When evaluating technology to help
deploy our services, we found that Siemens is the only
company that offers all the products and services we need.
We expect that Siemens Pyramid is only our first partner
among the Siemens group of companies."
Sheppard added, "Along with the performance that's
critical to our real-time information delivery, Siemens
Pyramid brings proven experience in creating advanced
data warehousing solutions to our team."
Supported by an RM600 E enterprise server and three
RM400 C workgroup servers from Siemens Pyramid, the
network will unify Financial Intranet's diverse resources and
future international branches, establishing an easily
accessible, virtual storefront for customers to receive
investment data and services.
Initial financial resources and services provided by the
network include:
MULTI-CAST DISTANCE LEARNING, which will
facilitate training through the use of real-time video
and stored multimedia presentations. This service will
include digital, on-demand access to training and
sales fulfillment material from participating mutual
funds and other creators of investment products. This
will also offer presentations and training materials to
prepare brokers and dealers for exams administered
by the National Association of Securities Dealers and
the National Futures Association.
MULTI-CAST VIDEO CONFERENCING, which will
enable mutual fund agencies to interact with brokers
and answer their questions on new products and
services in real-time video. Multi-point video
conferencing will make these sessions available via
the Internet or dedicated lines, depending on the
subscriber's needs.
ONLINE INFORMATION RESOURCES, which will
give individual investors real-time access to financial
information over the Internet. Through data mining
search systems, investor candidates will be profiled
and matched with the appropriate broker or dealer.
REAL-TIME MARKET DATA, which will provide
subscribers with the latest information on private
placements, IPOs, mergers and acquisitions, and
quote pages from stocks, commodities, options and
mutual funds.
"With the thousands of mutual funds that investors have to
choose from, the financial service providers who can
deliver the most value to their clients will be those who have
nearly instantaneous, up-to-date knowledge of the investing
world at their fingertips," said James Guilmart, senior vice
president of sales and marketing at Siemens Pyramid. "By
centrally housing this vast array of information and
distributing it to its subscribers via a secured, high-speed
network, Financial Intranet demonstrates how technology
can revolutionize and improve the business model in
today's information age."
About Financial Intranet, Inc:
Financial Intranet, Inc., headquartered in New
York City, is a developer of a secured intranet
that enables all participants to increase asset
base, lead generation and marketability to the
public and the financial community, as well as
reduce costs for real-time financial data,
communications, advertising, education and
training. The company's network will allow all
participants Internet access, video-on-demand,
live interactive video conferencing,
state-of-the-art communications services and
access to Financial Intranet's databases. The
company's Internet address is
fntn.com.
About Siemens Pyramid Information Systems, Inc:
Siemens Pyramid is a leading provider of
scalable enterprise servers delivering the
industry's most complete range of computing
solutions from the desktop to the data center.
Together, Siemens Pyramid and parent
company Siemens Nixdorf Informationssysteme
AG have a presence in 58 countries and more
than 230,000 UNIX and NT system installations
worldwide. The Siemens Pyramid and Siemens
Nixdorf combined mid-range systems
operations represent over $1.9 billion in sales
worldwide and make the combined company
one of the largest providers of systems in the
commercial server market. Siemens Pyramid
provides premier strategic services for
business-critical environments complemented
by a full suite of professional programs and
support tools that help customers successfully
implement scalable enterprise computing.
Additional information is available on the
Siemens Pyramid World Wide Web site at
siemens-pyramid.com.
Another Post from Yahoo R/B Site:
FNTN are they in-tune??? It is very obvious to me that mngt. at Financial Intranet is in some kind of sync with the way the the internet is shaping the way we behave, think, act, and is now becoming second nature. There are literally billions of potential customers out there. I believe that if they play their cards right, (in which I believe they are holding 4 aces) they could be able to capture a big portion of the market, and if they spare no expense to hit the niche at the right time, but as well set a standard at Financial Internet for investment and research. This next 3 to 5 years will be the small cap "ATOMIC" BOOM!!!
We have yet to scratch the surface of "computing lifestyles" in our world. We have yet to see the earning potential THAT THE INTERNET HOLDS for internet business. If FNTN can stay focused and goal minded they should and will grow into a financial BIG BOY.
We should see strong upside once the web site is operational. Investors are looking or quick and timely information in todays HIGH TECH marketplace.
Hold tight "LONGERS" because the potential for FINANCIAL INTRANET is only held in bay by it's management skills and from the way I'm seeing it, our team is definitely IN-TUNE.
Best of Investing.....
THE WHO
Best rgds
Wiz
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