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

To: don roberson who wrote (1816)	7/24/1998 9:15:00 AM
From: Michael T Currie	Read Replies (1) \| Respond to of 15313

> This is the same stock we had two weeks ago, the same potential, the same market sector. Indeed it is, which brings up the question of the 'worth' of a stock. At the moment, FNTN's value lies in its potential rather than anything concrete. Now, how does one go about evaluating potential when you do not and cannot know things like revenues, cash flow, earnings, margins or any of the other measures that established companies show? Obviously, you make assumptions. Many of us - including myself - are making assumptions that sometime in the forseeable future, FNTN will begin to produce significant revenues, that those revenues are likely to increase exponentially over time, that those revenues will carry a decent net margin, and that profits will follow on. At the moment, FNTN is exactly where amazon.com and Yahoo were several years ago. The only difference at this time is that they have revenues and name recognition - and are off the !@#$% OTC-BB. Just because TechnoWiz or Bill or Harry or myself says they believe that the stock is worth $5, $10, or $50 per share doesn't make it so. Yesterday, $2 was what a lot of folks thought the stock was worth at the time. The selling started and fed on itself as investors saw the price falling rapidly. Personally, I can't bring myself to fuss with the daytraders when I am !00% sure that their presences are inevitable. It is like telling the sun not to shine. If you really believe that FNTN will be worth that $5, $10, or $50 per share, accept the action from yesterday and maybe even give thanks for the extra jolt of adrenalin. Mike