Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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: pjamk who wrote (270)	7/10/1998 8:05:00 AM
From: don roberson	Read Replies (3) \| Respond to of 15313

We have learned from our people at this site that they are putting the office together. Painters, furniture moving, etc. Plus they are working on the WEB site, and the intranet software. This is a small start up company. Keep all this in mind. You will never get the perfect situation, ex: a very nice operator answers the phone and answers all your questions, and wishes you a nice day. Or the CEO takes valuable time away from getting things going to chat, and hold your hand, and tell you everythings going to be all right. we all have anxiety. We all wish things were moving now. But we have been given responses to indicate we will see the WEB in a week. You will NEVER get all the answers you want. And there will always be MORE questions. Never ending questions. Many investors seem to be looking for a "business plan" that will map out every move and product. Even if there were such a plan, do you think the company would let you know about it, considering they are trying to gain a foot hold in a very competitive world. Would you want your CEO to dilvulge information to stockholders that would put their competitive edge at risk? Just to satisfy and calm their anxiety. I would want my CEO to keep QUEIT about specific future plans, and only announce it when its ready for release. PUT YOURSELF IN THE CEOs position. WALK IN HIS SHOES. Don't always look at it from YOUR position. I'd rather them be working on gettting the WEB site up than chatting on the phone to a hundred investors with ragged nerves.

To: pjamk who wrote (270)	7/10/1998 10:05:00 AM
From: Wally	Respond to of 15313

Pjmk: Let me attempt to answer (or soften) some of your concerns. Under many circumstances, I'd agree with you about these relatively low-tech gaps.. and without an argument. Frankly, this was once a major concern of my own. So much so, that my initial contact with Michael Sheppard was centered on this issue. Companies such as FNTN must put the IPO cart before the functional horse in order to raise initial funds. Raising awareness and raising technical expectations often lag. The second problem is that although FNTN is a hi-tech company and public, it is also a company with no more of a front office than I have in my small, non-public business. The third problem is that most small start-up companies rely heavily on established suppliers. As we are all painfully aware that even the giants have major bug problems. Microsoft (and many others) are more than happy to ship their problems to the end-user and repair them later. A start-up company can ill-afford to be that cavalier and survive. My perception of Michael Sheppard is that he is highly honest, well respected and cautiously deliberate in his management style. He is not inclined to rush things and make a fatal error. So as they need more time, give it to them. Put the 10K shares out of mind. Have a hot milk. The stock market's roulette tables usually spin longer than we'd like them to. We'll never like it and it will never change. At least the odds are better than Vegas. Wally