To: sammaster who wrote (2295 ) 7/28/1998 11:10:00 AM From: Robert W. Dog Read Replies (2) | Respond to of 15313
Samir, a series of announcements. After the FNTN Humancash PR disaster last year, FNTN has learned its lesson. I think they have done their PR homework and made an announcement strategy (don't forget: they need to go to at least $4 to get Nasdaq listed!). In april/may they already applied such a strategy with a serie of announcements, which were released very timely. (I assume they wanted to break the $1 barriere then, but didn't manage to). Someone posted here before that Siemens is about to announce news nearby August 1 or so. Internet related news, which may affect FNTN as well. My feeling is that the yesterday announcement was the first of a series (didn't MS reply email-ers to look out for announcementS?!!) A series to get us up to at least that $4 level before year end. (where contract/profits announcements will have to do most of the job). FNTN needs such a strategy. Not only to get on to Nasdaq, but maybe even more to be regarded as a serious party by its potential customers. The most interesting customers to them are large organisations which will think twice before they invest in a below a couple of dollars stck company. (I do sales support in IT with all major players in Finance in EMEA and these are first hand, personal observations.) And as mentioned a couple of months and days ago: it is a double edged sword: FNTN rising and rocketing is a marketing message in itself. And back to Siemens once more, this was a joint effort between FNTN and Siemens. Siemens wants to get into this market and, even more important, get into the US market anyway. What would you do if you were Siemens? Yes, ANNOUNCE. These are just my personal feelings and observations. I can be totally wrong, but sure don't think so. Cheers, Robert