Good Morning Robert: Welcome back! I was wondering what had happened to you. I am posting this over here, just in case someone misses it...
Good Morning Randum One: Firstly, allow me to apologize for my poor choice of word(s), in respect of your alleged clandestine endeavors with arguably beneficial intent and thank you for your support.
In a very truncated time period, regular dwellers, lurkers and friends who've become accustomed to a kind of daily routine of familiarity, have suddenly been thrust into a new reality and perhaps are experiencing a certain amount of disbelief and may be wondering how these explosive upmoves that we have just witnessed, are beginning to impact and transform their lives.
The genie is out of the bottle. We are in the hands of destiny and nothing can change that now. The democracy of the thread is the new realm we live in and the situation is beyond anyone's control. We will each have to try and deal with the future accordingly, as events unfold from this point on. From now on, surprise and rapid change becomes the constant - As someone tonight posted: Is the old website finally gone forever? Almost, it would seem.
I took a bit of a break this weekend, as family and friends were telling me I was prowling around like a caged Lion, which is what I am prone to do prior to sensing a major move. It's either that or I start climbing the walls with anticipation...
I have not felt this way since I called for a 500 - 600 point upmove in the Dow Jones Industrial Average in mid-January 1996. A similar rally in mid-January 1998 and more recently, the monster rally we just experienced from the mid-June 1998 low of below 8600 as those of you who receive my 'Financial Intelligence' Email report can attest to.
Since calling the last move, I have not had time to send out regular reports because I have been overburdened with work and too consumed with dealing with the frustrations of seeing our stock at first unmoved by the rest of the market and then finally witness it take on a life of its own and make up for those lost gains and time in an unfolding drama that must have been breathtaking for many, to say the least.
I have just finished a non-stop read of all posts since Friday morning and I would like to thank and congratulate everyone on the excellent quality and quantity of contributions made by all in furtherance of Financial Intranet's potential.
There is one key point in response to some posts, that I would like to make: We and everyone else in the future are buying and will continue to buy Financial Intranet's future, not its past. In just the same way, this has been the real driving force behind many of the Internet stocks that have yet to show a profit or real earnings. I have tried to point out to people that selling this stock because of a lack of numerical information to date, could be not just a big mistake, but a potentially huge mistake.
I guess it must irritate a lot of people who've been around here for a while to be continually barraged with remarks about revenues every 50 posts or so, by some haughty new arrival with the latest list of quiz type questions, when the answers to these could be as meaningless as a stock going down upon announcing record earnings in the major scheme of things. What we are experiencing here is a kind of opposite effect in motion!
It's called anticipation of earnings at some time in the near future, exact date, yet to be determined. Some of us here, have quietly held to the view for a while now, that Financial Intranet might be capable of rising to say $10 on its business concept and model alone. What people who have spent any time here are beginning to learn as each day passes, is that FNTN seems to expand its promise and potential, not just to be a big winner, but perhaps to become a huge winner.
I am gratified to learn from almost every new post this weekend, that most others are coming to the same conclusion. If anything, some posters here have raised my expectations for this issue, well beyond my original thinking. This simply underscores the fact that as more people discover the stock, they are likely to reach the same conclusion.
From a technical standpoint, I can now see a the potential for a full retracement to the old highs at $7.5, as much more easily reachable now than just a few days ago. It should be credit to anyone who has invested in this company from .14c upward, to know that their early judgement, patience and endurance is being more than vindicated by the particularly strong endorsements that are being made and seconded by investors and traders of considerable merit and experience.
For example: When someone with the indicated experience of Harold Zeller summarizes FNTN's prospects as a viable lending proposition that meets the right kind of criteria, he could not have said it much better and this be accepted as a ringing endorsement that everyone should take special note of.
I wrote some of the following on Friday, in response to Speedsters remarks regarding comparisons with PNLK.
I for one cannot understand why people keep comparing FNTN with that issue. There is virtually no resemblance whatsoever between FNTN and that stock.
The only thing I like about the comparison, is that fact that ProNetLink reached a market cap of some 300 million dollars as reported here.
I would much prefer to compared to the Intranet stocks that Ariella kindly uncovered and highlighted for us than an unrelated issue.
For what its worth, my impressions were that the PNLK site was dull, uninteresting and more likely boring or confusing to the visitor, with restricted access a further negative. The fact that this issue rose to such an incredible market capitalization on this website alone, boggles the mind!
In stark contrast, those who have had a taste of Financial Intranet's new website are simply gushing over it and are seeing it as bright and interesting. It was also reported to have been unexpectedly fast and loaded with new and exciting innovations.
Of particular difference is the fact that instead of being confused, most visitors to the new www.fntn.com site should immediately understand the applications of this site and its potential uses for them personally. If they are anything short highly impressed, based on eyewitness accounts, with this reportedly bright, functional, professional and elegant display we will have been done truly proud.
On visiting the PNLK site, I was certainly not inspired to rush to the phone and tell all my friends to go visit. However, I have this inkling, that based on early reports, the potential for this to happen in the case of Financial Intranet is more than plausible. In fact I think it's likely to stimulate considerable discussion, interaction and referral with attendant multiplier effect.
This sort of news and reaction could spread like wildfire. Wishful thinking I know, but still possible.
Others have already underscored the fact that you are dealing with seasoned professionals here who are running this company. My question is how can people like Radim and the others who are coming around, see so much long term potential in this stock, when others cannot. Maybe it's because, when you tie in everything together here, including what has also been recently posted, it's in part because the executives involved here who have 20 to 30 years of lifetime experience in the industry and seem to have a knack for building a company on a shoestring budget which can deliver great and needed products that may fill what appear to almost perfectly timed exploding market needs and niches.
When you see people of the Gold Plated Caliber, (someone elses description, not mine) of Mr. Haggerty involved, you have to ask yourself, what is a guy who is probably worth Millions to any major brokerage on the street, most likely has a rolodex jammed with power names and who can open most any door on any street in the World of Finance, doing involved with this emerging growth company.
Perhaps then you will begin to realize the enormous potential of this agenda here. These people have demonstrated a seriousness and more than determined passion to succeed in this endeavor and appear totally committed to making an impact in a number of important market sectors. They may also very well possess the capability to change some of the ways in which the entire Financial World does business. I didn't say that, it was from a comment in one of their press releases.
Bill Gates saw the potential for setting standards eons ago. Can FNTN got a similar intent with the establishment of the Nation's premier secured online revolutionary Intranet and Data Mining concepts? It would appear so. Now factor in their carefully crafted website and integrate interactive video, worldwide communications and paging into the equation and you have a very powerful formula in the making. Read the press releases. Read between the lines. What is becoming more and more certain as each day passes is: That Video is where the future is at.
Hasn't that been the main theme of the media drumbeat over the last week, on CNBC, CNN and all the major networks in their explanations telling the whole World in their explanations, of why Broadcast.com became the hottest IPO in history. Co-incidentally Financial Intranet's stock began to soar immediately thereafter, as soon as the news became an event, savvy investors moved in to pick up a hot video concept on the very very cheap.
Perhaps investors and researchers on this company are beginning to discover that their esteemed President, Michael Sheppard, has eat lived and slept the video business over the last two decades and knows the business inside out, backwards and forwards and most of the key people in it. Now does the joint development and partnership with Siemens take on a whole new significance. Perhaps now we can begin to understand why they were chosen in the first place. Connections? World beating technology? Need I say any more! Go figure... Maybe that's what these guys are seeing that others can't! Some of the greatest enterprises of the late 20th Century were born of an idea, that could be explained on the back of a table napkin. Just look to Compaq or Iomega for inspiration, from one bright idea to the World's largest computer maker and removable drive maker. I wonder how big IBM was the day that Compaq was conceived at that now famous restaurant rendezvous.
So far we've had a complicated and dramatic three wave pullback in FNTN. Three wave pullbacks are generally bullish. By all accounts we could be at the threshold of a very major move in FNTN. Be careful not to get left behind. Stay focused on the possibility of the impossible happening in what could turn out to be the investment opportunity of a lifetime.
By definition, we are in a bull market and potentially about to launch into a power surge of a super powerful upwave of major unfolding bull move in this stock. Remember in a bull market, the surprises are almost always on the upside. The thing I fear most and maybe you should too, if you believe strongly in a potentially raging situation like this, as I do, is not being appropriately invested for the duration.
Let's see what this morning brings
Rgds
Wiz |
