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


To: Michael Baron who wrote (156)7/7/1998 5:08:00 PM
From: Bill Fortune III  Read Replies (1) | Respond to of 15313
 
Good afternoon or evening Michael and thanks for your post. Your are right "NONE OF THE HIGH FLYER INTERNET STOCKS ARE PROFITABLE." I am going make a wild assumption here. If FNTN were to become profitable at the get-go which none of the current Internet stocks are at present I bet it would be selling for over $50.00. How many of you agree of disagree with this?

Great post Michael and thanks again,

Bill Fortune III



To: Michael Baron who wrote (156)7/7/1998 6:54:00 PM
From: Speedster  Read Replies (1) | Respond to of 15313
 
The obscene prices for internet stock is the new future with the information superhighway (did Al Gore really term that?)--actually-it should be called the commerce superhighway. The commerce that will be done is going to blow your mind. I believe you will be able to get on the internet and purchase a good/item, maybe tomatoes, or whatever, directly from its manufacturer located in Russia or where-have you and have it shipped to you. Let's cut out the middleman and make retail suffer! I am going to buy more stock in internet infrastructure companies (namely IJNT) and package delivery companies as well. I am beginning to spend less time with TV and newspaper and much more with the internet (which can be said about all on this thread because they are addicted and have to put in their two cents worth, if that). Those ad dollars are going to follow us, my dears. I hope FNTN has makes enough space to host a great deal of ads.



To: Michael Baron who wrote (156)7/15/1998 8:24:00 AM
From: jpbp  Read Replies (2) | Respond to of 15313
 
I would appreciate some who can make an educated analsis of how many shares might be loose in the float and not in strong hands....I have been trying to think of how to put some sort of proper valuation on this company (without hyping it and after the floodgates are released) and I keep coming up with a few noteworthy items.

#1 - This about the smallest # of shares in an internet/intranet company that I can find. 16 mill compared to 46 or so for the yahoos, amazons, infoseeks, etc. ( my point being that the # of shares in this company is about 1/3 many others - which "ought" to reflect a price that could potentially rise 3 times as fast when/if the street begings to value this company with serious money)

For example....if the street says this company will be profitable....in an exploding sector......with unknown/at the moment undetectable potential and we will value it at 1/2 billion. May sound crazy initially to us....but it's peanuts compared to search engine companies that don't have 1/2 the potential this co. does beung valued at 8 billion and more. At any rate even a 500 mill market cap (which I can see in a year by the way) would mean a 30-32 dollar share price.

The scary thing is if we truly do prove profitability/perceived need in the market place even that could be very conservative.

#2 - "loose shares" or float should be VERY tight as this company begins to define itself. There have already been volumes written about how many are wishing to get a piece of the next pie that looks this good. I do believe it might be fair to imagine people stumbling over them with very clumsy feet.....paying almost anything to get them initially. I do know for sure they will not have my shares for 2 years period.....no matter what!! I'm not seling this too early and I can afford risk.

#3 - This will 'look like a stock for MM;s to short and to play with which could only add to the volatility and upward explosiveness of the issue. I salivate when I read posts on the old YHOO, AMNZ and AOL threads when people can't believe it's selling at 30 and say they will short it with all they are worth when it gets to 35. Hmmm....I guess they must not be worth too much now. Why annyone would step in front of a train that can run that fast is beyond me....and I no doubt believe fortunes will be lost as well as made for those who can't envision a company's future that's as bright as FNTN.

I have a favorite passage I love to tell my congregation over and over again ( I know Malcolm and Raven know this by heart)

"Where there is no vision the people perish" Proverbs 29:18

Well I believe the company has a very bright and focussed vision and I believe I better be gettin off to my parish.

Best to all and very very long,

jpbp
(please someone look constructively at what I've said and dialogue with me about it)