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


To: don roberson who wrote (2445)7/30/1998 2:38:00 PM
From: Radim Parchansky  Respond to of 15313
 
IntrAnet will be very an important news. After that we can expect contracts. As we've seen with IntErnet any conformation can move the stock to the next level (x100% up). Also the volume during such a move can be larger then from the previous move (3.5 mil or so) which will contribute to the visibility.

Here's one scenario:

April: outlining planes for Internet, Intranet
Price move: from .25 - .90 settled at .8 - .6
Volume: 1 mil

July: Internet released
Price move: from .60 - 2 1/4 settled at 1.38 - 1.5
Volume: 3.5 mil

August?: Intranet released
Price move: from 1.4? - 4.5? settled at 4?
Volume: 6? mil

In any case there is steady news, price, volume increase. So far so good. After the Intranet and contracts much more realistic projections can be made.

Radim