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


To: Jim Parkinson who wrote (148)7/7/1998 1:30:00 PM
From: Bill Fortune III  Read Replies (1) | Respond to of 15313
 
Good afternoon Jim. You bring up some good points in your Post # 148 and thanks for posting it. Most investors on this thread would have a problem in giving any new accurate information about fundamentals as you alluded in your post. The reason being you like the rest of us have seen no new news releases to use as an accurate reference point for imparting such fundamentals.

To be real candid about the situation I am somewhat frustrated because of the lack of news. Not frustrated enough though to do any selling of the stock. I my always keep reminding myself the FNTN is a BB stock which is just getting started and I must allow it to move forward in a timely manner.

As to the BB financials as I understand it a great many of them do not report for up to forty-five days or more after the close of a quarter. Even a lot of the mid-cap stocks take that long.

I suppose I said enough for having no news. If you should happen to come up with any good fundamentals yourself please post them for all to see. I will do the same.

Regards

Bill Fortune III



To: Jim Parkinson who wrote (148)7/7/1998 1:40:00 PM
From: don roberson  Read Replies (1) | Respond to of 15313
 
HMMM. Look at it this way. I'm sorry, I do have to refer to AOL.
The folks that first got into it probably did so on a hunch it may turn into something. It started out gaining customers, but no profit.
Many sold out (ME!!!!!!!!!!!!!!!!!!), but those that stayed in did so, on a "well, its growing, and I'll just stay the course and see where this rambunctious CEO takes it". Thats where we are on FNTN. Endless conjecture on possible revenues, etc., may be fun for some, but it is based on very little, because we have no idea where this company can take the intranet. We have no idea who may be helping the company develop. We have no road map. We do know that the internet/intranet is an infant, and we are just seeing the start of what some are calling the new economy. The possibities are endless, and as we have said, and this includes the "success (luck)" of Warren Buffet, that the great increases in a company come from the unknowns.
Coke did not reach its heights with the drink alone. It was from some very smart acquisitions of the CEO. Warren Buffet tells people to look at the management, and if you like them and like the initial idea, get into it and hold on. Its the vision of the management that will make this thing fly. Not graphing out possible cusotmers and
costs, and dividing that by the number of shares to get to a good share price to sell out. Thats where people have gone wrong. PUtting a price to sell at. Many here have volunteered (ME!!!!!!!!!) their horrendous mistakes of selling out of a company for no apprent reason except they "felt the stock price was high enough". They didn't count on the "future unknowns" thta would take the price many mutiples from where they sold. There are no fundamentals. YOu have a basic concept, and you have knowledge that the intranet is exploding into all new areas, and you can see FNTN has a unique idea, with some good people behind it. What more is there at this time. Yes, its a gamble. But no matter what stock you buy, it is a gamble. Just a few short years ago, Big Blue was going into the toilet until mr. Kerstner? stepped in.



To: Jim Parkinson who wrote (148)7/7/1998 7:16:00 PM
From: ChinuSFO  Read Replies (1) | Respond to of 15313
 
<<Again, I am in the stock so I do think the fundamentals are probably there. I am just trying to stimulate more discussion along those lines>>

Yes! Agree with you thoroughly. The "information" posted on this board is dubious at best. I've been searching for some real info but have not come across anything quantitative. Until real info arrives, I will not risk this stock.

CR