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


To: jpbp who wrote (514)7/15/1998 10:00:00 AM
From: Alberto Llaurador  Read Replies (2) | Respond to of 15313
 
I think people are mistakenly comparing FNTN to companies like YHOO when, in reality, FNTN is more akin to a company like, let's say, PCNI.



To: jpbp who wrote (514)7/15/1998 3:25:00 PM
From: Bill Fortune III  Read Replies (2) | Respond to of 15313
 
Greetings JP:

In regards to your Post # 514 I enjoyed your points of view and opinions.
Message 5199102

I will offer a few PERSONAL opinions as they relate to your comments in that post.

As to your comments #1: I agree with what you said about the number of shares being 1/3 of other Internet stocks and the potential of a rise in price three times faster. The other side of the coin could be that downside risk would be three times slower. And as the possible price in a year for FNTN if all goes as planned being at $30-$32 I believe it is possible. I am sure many will take exception with this analogy and that's just fine.

As to your comments #2: The last report from Harry's Lurkers Corner said there are about 5,600,000 shares that are in somewhat controlled hands (members or lurkers of this thread) with the possibility that it could be somewhat higher then that. And this does not take into consideration the shares owner by company management or other shares that might be closely held. If even only 80% continued to hold tight as new investors began to buy FNTN, this then like you said would force a much higher purchase price for the shares.

As to your comments #3: First, and I believe I am correct in this, OTC:BB's stocks can not be shorted. So until FNTN hits the Nasdaq we are safe from that problem. But believe me when FNTN takes off and I assume it will, that's when we will see some real volatility as you said.

You quoted: "Where there is no vision the people perish" Proverbs 29:18
and I will add this:
"Cast your bread upon the waters, for after many days you will find it again." Ecclesiastes 11:1

I am not try to say that the Bible is telling me by investing in FNTN that I will receive rewards, but the lesson here is that one must take a chance and do something in order to receive any rewards. And if you remember the servant that received one talent and went and buried it in the ground. If you want the rest of the story read Matthew 25:24-31.

Regards,

Bill Fortune III