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Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: chirodoc who wrote (30)7/5/1998 11:22:00 AM
From: don roberson  Respond to of 15313
 
I wouldn't say lots of competition. And there is always competition.
If you are waiting for a clearly drawn out plan for FNTN, and able to see the whole product clearly, and wait for first financials, and get a better idea on where they stand on competition, or wait to see what competition arises, you'll never get in. And you would never have gotten in on AOL or AMAZON at the low rates. It seems you want a little too much info. Once the info you seek is out, the price will already reflect it. Even in NYSE stocks, you'll always have the dark alley of competition. Its as we have said here, the great increases in stock prices of the higher flyers, did not come with the
first idea. It came with events, acquisition, visions, and the demands of the marketplace, that could rearely have been forecasted.



To: chirodoc who wrote (30)7/5/1998 11:24:00 AM
From: dharampal luthra  Read Replies (1) | Respond to of 15313
 
Chirodoc, I can speculate a lot about the finances but the financials are not public yet and all we know is that they have retained a personalized investment banker. This makes the stock risky too and is not for everyone..There is a lot riding on the faith here. Now if you want to talk to their Chairman or President and get some answers and maybe illuminate us ( I am not kidding here), i for one would really appreciate that.
MARG went from $3 to $29 in two days flat a couple of months ago. If an insider did not have a form 144 on file, they missed a great opportunity to raise a little cash to buy a fancy car or whatever. Maybe it taught all these guys to ALWAYS have a Form 144 on file just in case, this thing catches fire..or they expect it to catch fire..
By the way, for those here who may not know, form 144 allows an insider to sell upto a specified number of shares for 90 days after filing. So the old form 144's you see are already replaced by the new ones and not "in addition to".
I personally tend to think that they may have some deals in the works that when announced, will light a fuse under this stock otherwise they would already have sold recently.
I hope I am not hyping this risky stock. I am trying to buy some more.Darn!



To: chirodoc who wrote (30)7/5/1998 11:27:00 AM
From: JOHN WHITE  Respond to of 15313
 
Hello chirodoc. FNTN is an embryo company who has signed a few customers and has a little revenue ongoing at this time.

What the majority of posters on this thread are so enthusiastic about is the FUTURE of FNTN. Soon Financial IntraNet will have services to offer the business world and even federal, state, and local governments so advanced they will be THE STANDARD in intranet platforms for quite some time.
FNTN has indicated they will not rest on their initial achievements but will continue to develop cutting edge intranet technology to maintain the lead I clearly believe they will have on the introduction of their Sight this summer.
If your looking for numbers to crunch and if your looking for a company with revenues to pay their staff each week in cash you've come too early. But if your looking for that elusive Diamond-In-The-Rough this very well could be the place.

If you'll read at the prior messages on this and the $5 and Under FNTN board I'm sure there will be enough information for you to evaluate .



To: chirodoc who wrote (30)7/5/1998 11:51:00 AM
From: Bill Fortune III  Respond to of 15313
 
Aaron and Curtis if you go to the following site you will find a complete list of "Insider Trades" for FNTN.
biz.yahoo.com
You will notice that under the heading "Type" all line items are listed as "COM" which I have understood to mean compensation. If this is correct then one would have to assume that management and staff who receive stock in lieu of salary most likely would need to sell some shares from time to time to stay alive.

One factor you will notice is that NO sales have actually transpired as of the last update 6/29/98. The total amount of shares listed comes to 391,537 a small drop in the bucket when compared to the whole picture.

You may want to also look at dharampal luthra's (Harry) Post # 23 along with Don Roberson's Post #29. Additionally as Harry said in Post # 22 "The wraps are NOT OFF of the company's products and the stock is a speculative investments in that regard." FNTN by any stretch of the imagination is not an investment quality stock it is a startup company and involves many risks and possibly great rewards. And you must invest you money with full knowledge of that. You must also believe in their concept or all is for not.

If you are not willing to take a gamble then FNTN is definitely not the stock for the two of you. Most on this thread feel that FNTN in fact has a great future in the months and years to come and you will see that as you read the posts on this thread and the previous threads on SI and Raging Bull.

How about the following high flying Internet stocks. Yahoo is currently selling for $172 and showing a loss of $0.43 per share or Infoseek at $37.50 with a loss of $0.83 per share or Amazon at $124 with a $0.75 loss per share or CMG Information Services at $75 with a loss of $0.99 and finally Excite at $99 and a $1.98 per share loss. All five of these Internet companies have been around for a long time. You be the judge of the potential for a company such as FNTN.

FNTN Long,

Bill Fortune III