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


To: BlueCheap who wrote (1954)7/24/1998 3:44:00 PM
From: sammaster  Respond to of 15313
 
well fntn is up .09 today so far
just two weeks ago it would have brought tears of joy to us all, but now everyone sees that peak of 2.25 and see that we are below it.
looks like i wont be able to get shares any cheaper than today,
i think that web site should be up by monday and ill be ready for the next ride up....

samir



To: BlueCheap who wrote (1954)7/24/1998 3:45:00 PM
From: Bill Fortune III  Read Replies (2) | Respond to of 15313
 
I NEED HELP!

One of the sites I am use to get total number of trades crashed this afternoon and when it came back up the data it is reported back on FNTN is now in error. The site is freerealtime.com

Can anyone give me the following information:

1. Current volume
2. Current number of trades

If you do have the data please send it to me so we don't clutter up the main thread.

I would appreciate it very much and thanks in advance.

Bill Fortune III



To: BlueCheap who wrote (1954)7/24/1998 3:56:00 PM
From: Ariella  Respond to of 15313
 
Malcolm -- this thread is filled, for the most part, with nice, optimistic people who intuitively feel FNTN will be a good performer, but can't put numbers to the feelings. I know because several told me this by private message in answer to my queries about the expected revenue ramp up for the company, as already announced by Mike Sheppard.

I'm a former Wall Street analyst (early retired with my feet up on the desk a couple of days a week trading stocks for a living) and jumped out of FNTN yesterday for a very handsome profit for two reasons -- 1) I suspected from the historical chart that the stock would pull back as it did and, since I trade in a tax deferred account, there was no tax "penalty" for me trying to play the pullback; and 2) I got uneasy with the lack of hard evidence on the thread.

Nevertheless, I bought shares again today once I did additional DD.
All the active SI threads start after the winter, but there's some revenue projections published by the company before that time that should be studied by people wondering where the stock is getting its energy.

For instance: January 14, 1998 (Business Wire)

<<Potential Annual Revenue Estimated at $60 Million
Financial Intranet Inc. (OTCBB: FNTN) announced today that the
company has signed a contract with Hill Publishing, publisher of
insurance trade magazines, to offer enhanced communication services to the publisher's 125,000 subscribers. The potential value
of the contract to Financial Intranet has been estimated at $60 million in revenue annually. Michael Sheppard, president and chief operating officer of Financial Intranet, said that it has been estimated by Richard Hill, president of Hill Publishing, that Financial Intranet could expect to initially sign up to about 20% of their agents/subscribers,
which would represent potential revenues to Financial Intranet of
about $5 million per month.>>

This amount is in addition, according to the release, to the $15 million FNTN said it would probably receive in revenues for 1998.

The article has several more juicy details which a number-cruncher like me would enjoy. The end result is that it convinced me to be a long again (even if occasionally I trade on all the factors listed in other posts of mine.)

The stock performed as I predicted/hoped today. Radim called a good base. This would not be a good time to be completely out of the shares.

;-)
Ariella



To: BlueCheap who wrote (1954)7/24/1998 5:33:00 PM
From: VANTAGE  Respond to of 15313
 
Malcolm, actually since I started buying FNTN last October my price target has been $30,-. For example, take Ames Dept stores, not exactly an exciting internet issue. Two years ago it was about where FNTN is now and it hit $30.-. Sure it was not an OTC-BB stock, but in due time FNTN should be listed on the Nasdaq, so then its OTC-BB days will be history. If AMES was able to reach $30- I don't see why FNTN can't do the same in a relative short time. I would find it harder to come up with reasons why FNTN could not reach $30.- within two years.



To: BlueCheap who wrote (1954)7/24/1998 5:51:00 PM
From: don roberson  Read Replies (1) | Respond to of 15313
 
Malcolm. How many BB stocks have the credentials and are in a hot sector like FNTN is. How many were linked to a major player like Siemens. Where a company started means nothing. It seems to be a freak circumstance that FNTN is a BB stock.



To: BlueCheap who wrote (1954)7/24/1998 6:16:00 PM
From: Wally  Read Replies (1) | Respond to of 15313
 
Malcolm:
In answer to response to my $30 dollar potential comment -
1. Remember, this was a 6 dollar stock that had no product for 2 years after their IPO and fell down below your .25 point. So was its real value $6.00 or .16 cents?
2. This is a sector which has a growth potential greater than anything we've ever seen. perhaps greater than anything since the inception of the stock market.
3. There is no historical guideline accurate enough to apply here. (We're seeing an example of that with in-the-red internet stocks hitting unimaginable heights)

Had FNTN been able to commence business at the same time as the IPO, where would the stock be now?
Not being a total fool, I realize that $30 is still a big stretch. Part of the excitement with this BB more than ANY I've been invested in is this: I just don't see a dollar figure that I'm comfortable capping it at. $7?. If it hits $7 why not a possible double to $15 as Wiz has suggested could happen?
I don't see the ceiling - Do you?

Remember when Iomega was at a $2 (.25 cents lower then FNTNs little spike) Then it went to $56 dollars in a New York minute, then it split....

I'll settle for $30.00
Wally



To: BlueCheap who wrote (1954)7/26/1998 11:05:00 AM
From: RandumOne  Read Replies (1) | Respond to of 15313
 
RE: PENNY'S GOING BIG, NEW BASE, KUDOS TO THE WIZ, PNLK / FNTN COMPARISON and PO BOYS LIKE US IN THE MARKET
Malcom, Arillia, Wiz, et al.

I can't get through this whole thread so I'm gonna throw up my 2 cents right here at Malcom's question and work my way back a few:

Penny Stocks going big: I'll just do one. Iomega(IOM) (despite its recent dramatic losses) was once a penny stock trading around .25 a share and at that time had a float (If I recall correctly) of only around 20M common outstanding. They've split A BUNCH since then to a whopping 263M common outstanding which would put their current share price at a whopping split adjusted $65.75!!!!!!!!!! To boot, they are trading at around their 52 week low... at the high, you get a split adjusted price of (hold on to your tomatoes) $220.26 per pre split share!!!!!! IOM, trading at near its 52 week low still has a MK of $1.5 BILLION today. So, yes, it's possible. (NOTE: I'm using really round numbers here and going mostly from memory so unless I'm DRAMATICALLY off w/ my math - kindly lay off.)

Arillia: regard to your note: You were right, I was right, Wiz was SERIOUSLY right (even though I await his apology for accusing me of something illegal ;-) But I took the day off and worked on my garden.
Be nice if yesterdays trading did indicate a base forming at this level, although I expected closer to $1.25. NOTE and Kudos once again to TechnoWiz: REMEMBER, the man called for a new base to form in the $1.25 to $1.40 range THREE WEEKS AGO!!!! I'm not much w/ TA on BB stocks, but, hey Wiz - Hi five! PM me with the other stocks you're on please...

RE: The PNLK / FNTN web site and STOCK PRICE COMPARISON: (no offence to PNLK longs)I went over to the PNLK site, made a cup of coffee while it was loading... Thing loads like ice cubes going through a garden hose. Best metaphor I could come up with because: A) really slow B) why the hell would you want to run ice cubes through your garden hose anyway? I don't know who did the design on the PNLK site but a couple of notes from one who designs them on occasion: 1) Graphics are too big - they load slowly and could easily be made smaller w/o changing the quality (this is not the case w/ the FNTN beta site) 2) FNTN site has more to offer and it's going to be free (It's a sales tool remember, not the product) 3) I don't know who designed their site, but it's difficult to determine with a glance what you're paying $350 a year for. I do know who designed FNTN's site (I THINK!) for samples of their work check Quicken.com , earningsnet.com , IPOMaven.com . I believe they are designing the Getty Center's web site as well. (I hope I'm not once again revealing too much here - seems like common knowledge at this point)

RE: stock price FNTN / PNLK. Look at the shares outstanding vs. price. We win - nuff said.

PO BOYS in the market: Hey, Malcom. I'm a freelance independent filmmaker (read unemployed) / part time hacker. Probably make less per year than the guy who sweeps your floor.

OK. Sorry for the big message. Trial members only get 3 posts per day and I didn't want to clog the board up.

RandumOne

PS - anyone want to invest in a movie?