SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: Tomato Man who wrote (38)7/5/1998 1:29:00 PM
From: Bill Fortune III  Read Replies (1) | Respond to of 15313
 
Investors should seek refuge in mid cap stocks temporarily and get ready to "pounce" on small cap stocks written by: Louis Navellier, manager of Navellier Equity Funds and Editor of MPT Review 6/6/98.

Could FNTN be one of those small cap stocks that investors move into?

The following is taken in part from the above article:

"In summary the stock market is just treading water waiting for the rotational stock market correction to run its course. The declining trading volume that now characterizes both NASDAQ and the NYSE makes it impossible for many stocks to rally. Furthermore, as the breadth and power of the stock market continues to deteriorate, most stocks will continue to drift listlessly until something "sparks" the stock market. Currently, the strong U.S. dollar is holding many large multi-international and technology stocks back because of future earnings concerns. However, falling interest rates and an increasingly optimistic analyst community should eventually provide the "spark" to ignite many stocks. Investors should seek refuge in mid cap stocks temporarily and GET READY TO "POUNCE" ON SMALL CAP STOCKS as soon as their liquidity improves and their volatility dissipates."" Remember this was written about a month ago.

Again, could FNTN be one of those small cap stocks?

Bill Fortune III



To: Tomato Man who wrote (38)7/5/1998 7:27:00 PM
From: Bill Fortune III  Read Replies (2) | Respond to of 15313
 
WHAT WILL MONDAY MORNING BRING!!!

Tomato Man brought to light THE POSSIBILITY of a quandary that might loom for those who plan to purchase shares in Financial Intranet, Inc. on Monday morning. With all the momentum built up over the long weekend there could be a large number of buy orders on Monday morning. Please be aware of the following. The more seasoned investor will know what this is all about but Tomato Man and myself are concerned for the less seasoned investor who follows the FNTN thread.

1. The possibility that MM's could inflate the ask price before the opening bell on Monday morning. This could set the stage for potential investors to be buying stock early in the day based on somewhat artificial prices. If the ask price is extremely high and someone places a market order they will get the stock for whatever the current ask price is.

2. If the amount per share someone is willing to pay is of high importance to them and are interested in purchasing Financial Intranet, Inc (OTC:BB:FNTN). They should set the bid price or limited the amount they will pay per share when they place their order. If the investor changes their minds they can always up their price by canceling the previous order and replacing it with a higher buy limit price or even change it to the market (ask) price.

3. Although the above is a good rule for some investors it may not serve the best interests of all investors.

4. The problem with placing limit orders (setting the bid price) is that a potential investor may not get the stock in that it may continue to climb without retreating.

5. If an investor really wants a stock and is willing to pay whatever, they should place their order at market.

6. An alternative to this is say you plan on buying 5,000 shares you could place two smaller orders for the stock. One could be at market price the other at a maximum price you are willing to pay. The only problem with this is you would involve two brokerage commissions.

Please remember that we are not trying to advise you as to what you should do as an investor but rather offer some general information and concepts of what could possibly happen and some alternatives.

YOU MUST MAKE YOU OWN DECISIONS NO MATTER WHAT! SO IT IS UP TO YOU ON HOW WANT TO ANY STOCK WE ARE NOT TRYING TO SWAY YOU EITHER WAY.

If anyone feels they want more input about what was written here just send Tomato Man or myself a Private Message and say so. I would be willing via Private Message or e-mail to give that person my phone number if they wanted it. My e-mail address if fortune@uslink.net.

Bill Fortune III

THIS POST IS NOT INTENDED TO OFFEND ANYONE. SO IF IT DOES NOT APPLY TO YOU FORGET ABOUT IT. AND REMEMBER THIS MIGHT NOT HAPPEN AT ALL.



To: Tomato Man who wrote (38)7/6/1998 8:38:00 PM
From: Bill Fortune III  Read Replies (1) | Respond to of 15313
 
Good evening TomatoMan. I just found this post from someone who was really impressed with your comments about your visit to FNTN Corporate Offices.
This is your original post.
Message 5087629

These are his comments and I quote:

"Here's some news for you guys. I just jumped in to this puppy today. I've done all the DD I could on this little publicized stock. This dog better hunt. Baby needs new shoes, dog needs feed and the cat has to be spayed. I'm not cash out till it hits 3. I just feel sort of uneasy buying into equities before the paint on the walls dry and the phones hooked up. Good luck to all!"

AND

By the way everyone FNTN had its new telephone system installed today.

Bill Fortune III