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

To: Bill Fortune III who wrote (2527)	7/31/1998 3:30:00 PM
From: Wally	Read Replies (1) \| Respond to of 15313

Bill: Sorry for leaving you off my "Bold predictors" list. I only left you off because you've been wise enough not to attach a number to your predictions. Now that you've said it.. "The sky's the limit" ..you are more than qualified to join the growing list of us "bold predictors." Welcome to your rightful place at the front of the firing line. I'm right there with you. Wally

To: Bill Fortune III who wrote (2527)	7/31/1998 3:30:00 PM
From: Joe Senesac	Read Replies (1) \| Respond to of 15313

I would agree that a base is forming, Bill. This stock right now is basing, but is behaving in a funny way that I haven't really seen before (although this is one of my first BB stocks). I have seen time and time again where 25,000 or more shares in a number of transactions are purchased at the ask, but with no change in the ask. Then, a 3,000 share transaction or so at the bid will knock down the bid a couple of pennies. This pattern has been particularly evident at the open for a number of days where we have opened at a certain price with numerous buys at the ask, and then some smaller amount of sells dropping the price. The only conclusions I can draw from this are that (a) a certain perhaps sizable amount of naked mm shorting is occurring in expectation of a price fall. (b) a lack of effect of the mms dropping the bid, as overall we haven't lost much ground forming a nice base at $1.40 - $1.50. Interesting days to come.

To: Bill Fortune III who wrote (2527)	7/31/1998 3:49:00 PM
From: Michael Baron	Read Replies (2) \| Respond to of 15313

Dear Bill, As you look at the last table you posted, which included 62 trades for an average of 2670 shares/trade, you can draw the following conclusions: 1) No shares available. This would send the stock higher than action today would suggest, so its probably what we already know, 2) This one is a real sleeper, and hasn't "debuted" to the general market, not even the OTC BB hunters. YET. Steady as she goes, this type of trading is the perfect precursor to breakout time. Radim, I would shorten your 1 month quiet period dependent upon news, the fully functioning site and intranet, and greater dissemination of their story. M.

To: Bill Fortune III who wrote (2527)	7/31/1998 11:12:00 PM
From: Tincan Sailor	Read Replies (4) \| Respond to of 15313

BILL... Just the man I wish to post to... I live in New Jersey...I have friends in New York...someday when I have a chance I will venture to FNTN and look over their operation if permissible...still long 30,000..... I have been told that after purchasing a good position in FNTN the day it went to $2.50...in his own words ..he said he never saw a stock make such an incredible move in such a short time period....relative strength was also impressive..I am talking about a broker for SMITH BARNEY N.Y. City. He bought the stock for himself and a client...... The best part of this story...now mind you..I am taking this with a grain of salt...the word I am told is that are in the process of writing up FNTN to initiate a BUY..... from what I gather you seem to be able to open doors...and gather information in a professional manner...Perhaps you will be able to forward all relevant informatio on FNTN to them via E_MAIL.......Long and holding..... Many Thanks