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

To: Wally who wrote (2707)	6/30/1998 7:59:00 PM
From: Jim Porter	Respond to of 2897

Wally, Thanks for your reply. I'll do my best to answer your questions and be honest at the same time. Sometimes honesty is not what many people want to hear. However, I don't think that is the case here. I think we are all in something like "group therapy". What was it about FNTN that grabbed my attention? To answer this, I have to really think about it. If memory serves me right, some way or another I ran across FNTN on the same day it made its first move from the twenty five cent level. I placed two limit orders and got filled on the first. The following day, I placed and got filled on another order. Why FNTN? When I saw FNTN the first time, I didn't have time to do any real DD. I placed my orders and expected to make a quick buck. However, later that same night, I started doing some DD. Although I was not overly impressed with what I found, I did see a company that was looking into a window of opportunity. In my opinion, that window was closing quickly and I thought FNTN had a good chance of jumping through it. Did they? Again, in my opinion, No! However, that is a qualified no. They got half way through and got their but caught. Would I do it again? That depends on my objective. Quick ROI - No! Ground floor of a future product - Yes! Why am I long on FNTN? Several reasons. First and foremost, is the eventual financial reward I hope to gain. Second, is the product/service FNTN is offering to the industry. And, third, is the growth in the industry segment. What do I see in the future? I see a company that will work very hard to reap its own financial rewards. If memory serves me right, the total outstanding stock of FNTN is somewhere in the neighborhood of 40 million shares (give or take 5 million) with a float of 11 million. Just in round numbers, that means about 29 or 30 million shares are in the hands of board members, officers, and other special people. I'm convinced these people want to cash in shortly after the stock is traded on the NASDAQ. That means a quick price of 4 dollars (30 million shares times 4 dollars equals retirement for more than one person; therefore I expect them to work very hard). Why do I keep talking about a stock repurchase program? In the future, I expect someone to buy FNTN. However, I do not expect them to pay over 200 million dollars for the entire company. Why 200 million dollars? For much less then 200 million dollars, another company could set up their own web site and market their services to the same customer base. However, if they can get this revenue stream overnight, 200 million is a fair price. Future stock price? 200 million times 40 million shares (total outstanding) equals about 5 dollars per share. However, paying only 200 million for the 11 million shares of float equals $18.18 per share. In my opinion, any take over company paying more then 200 million, for the entire company, would be wasting the shareholders money. When a buyout does occur, I want to see the 200 million paid for a total of 20 million outstanding shares of FNTN stock. The way the current stock is allocated, this will never happen. However, by repurchasing 50% of the stock, it could. Just my views...... Jim Porter

To: Wally who wrote (2707)	6/30/1998 9:54:00 PM
From: Jim Porter	Read Replies (2) \| Respond to of 2897

Wally, I've been trying to think of why I placed those original limit orders for FNTN. I just remembered! It was because of the positive view point of Bill, Malcolm, Wiz, and one or two others on this thread. I remember reading what they had to say about FNTN and thinking, to myself, FNTN was a safe place to park a few bucks, perhaps even get a good "quick" return. As it turned out, that thinking was/is correct. The bucks I have parked in FNTN are going to stay parked. Jim Porter

To: Wally who wrote (2707)	7/1/1998 11:07:00 AM
From: Bill Fortune III	Read Replies (1) \| Respond to of 2897

Tally of the questions posted in post 2705. As to the two questions a) & b) listed below and as of 10 AM (CDT) the responses received so far breakdown this way. a)= 4.76% b)= 95.24% These questions in no way are intended to be scientific. As Wally put it in post 2707; "it's an innocent exercise to wile away the time". Or maybe to just get a general idea of how the investors look at the potential of the initial web site of FNTN. The questions are only intended to be for interest and some fun. There has been other viewpoints stated, If you have not already read them you can find their links at the end of this post. I WILL DO ONLY 1 MORE TALLY UPDATE AT THE END OF THE WEEK and then let it drop. SO IF ANYONE ELSE IS INTERESTED JUST FOLLOW THE INFORMATION BELOW TO CAST YOUR VOTE. I THINK IT WOULD BE INTERESTING IF THOSE WHO WISH TO WOULD RESPOND TO THE TWO QUESTIONS BELOW. IT MAY HELP US ALL BETTER UNDERSTAND WHERE INVESTORS ON THIS THREAD NOW STAND IN REGARDS TO THE INITIAL WEB SITE: a) Is the success of FNTN totally dependent on the initial web site with that web site being the main part of their overall business in order for them to achieve financial success? b) Is the success of FNTN dependent only in part to it's initial web site with much of their future business being derived from INTRAnet and not just the INTERnet site as well as many other sources that will not be apparent to the average user of the web site?* * This question has been revised based on input from Wally see link below. So as not to muddy up the main thread, those who are interested in participating in this can send me a PRIVATE MESSAGE and just say a, b or add a concept of their own. If you do vote please do it only once. I will tally up the votes and post any other concepts that are sent and post to the main thread periodically. Or you can e-mail your response to me at: Fortune@uslink.net What do you think? Bill Fortune III OTHER VIEWS ON THE ABOUT QUESTIONS: Also see the following post by Wally about how he looks at it: Message 5064113 Another viewpoint about the questions posed from Jim Porter Message 5066070 Also from Alberto Llaurador his viewpoint on the questions Message 5067242