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


To: dharampal luthra who wrote (436)7/13/1998 2:17:00 PM
From: Michael Baron  Respond to of 15313
 
I see what you're getting at, and I certainly would like to see more solid, long investors in FNTN, at higher valuations as well. I'm not sure this strategy will work because I'm afraid that the way these SI threads work is that a lot of (if not most) subscribers who follow the HOT link regularly for "tips" are really interested in "action", and are "junkies" for it. They could care less about DD and the fundamentals, the story, the quality of management, the product, etc. that concerns the type of investor you want to attract.
I sympathize very strongly with your goal, and would like to come up with a strategy that targets longs. If your estimate that 2x the reporting folks hold shares, and the share count is also doubled, we get about 12 million. Does that sound about right to you? I thought "tomatoheads" controlled most of the float.
M.