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

To: TechnoWiz who wrote (3101)	8/6/1998 6:44:00 PM
From: Radim Parchansky	Respond to of 15313

Thanks for the web site info. Just moved back to the East Coast, FNTN stock doing well before PR. Radim

To: TechnoWiz who wrote (3101)	8/6/1998 7:34:00 PM
From: Bill Fortune III	Read Replies (5) \| Respond to of 15313

Hi Wiz and All, OK I am recalling some of my previous statements in regards to the potential upward price of FNTN. Based on a couple of Post by Mr. TechnoWiz: Message 5416802 Message 5427543 He made me revisit my own charts and examine them more closely. I made two post on August 3, 1998 Message 5395383 Message 5400282 My statements in those posts now may have been a little bearish in light of what has taken place in the past three weeks and more specifically over the last week. For these reasons I would now say, based on what I feel the charts are telling me and the overall current strength of FNTN the price estimates in those posts may tend to be on the low side. In my opinion the shorter price targets for FNTN should move quickly towards the $7-$8 range in a much shorter time frame then I first anticipated. From all appearances the very short term may bring a $5.00+ basing area. I would not normally back off on an estimate so quickly, but base on Wiz's concepts in his posts and the charts I use I would be remiss in not changing them as I have just done. In addition to what Wiz said I offer the following as some of supporting data as reasons for changing my earlier estimates. FIRST I WILL OFFER THE FOLLOWING CHART (All charts are based on three months): The top part of the Chart on all the Charts are the same and include: EXPONENTIAL or EMA MOVING AVERAGES and BOLLINGER BANDS THE EMA (3-Line)" will plots three moving averages: 18-bars, 36-bars and 54-bars in length. EMA 2 is always twice the length of EMA 1 and EMA 3 is always three times the length of EMA 1. BOLLINGER BANDS according to Mr. Bollinger notes the following characteristics of Bollinger Bands: Sharp price changes tend to occur after the bands tighten, after volatility lessens. When prices move outside the bands, a continuation of the current trend is implied. Bottoms and tops made outside the bands followed by bottoms and tops made inside the bands call for reversals in the trend. A move that originates at one band tends to go all the way to the other band. This observation is useful when projecting price targets. bigcharts.com SINCE 7/20 WHEN FNTN MADE ITS FIRST MOVE OUT OF THE 0.60 RANGE IT HAS CONTINUED TO MAINTAIN ITSELF WELL ABOVE ALL THREE OF THE EXPONENTIAL MOVING AVERAGES. ADDITIONALLY IT CONTINUES TO CLUSTER NEAR THE TOP OF THE BOLLINGER BANDS. SECOND I OFFER THE LOWER PART OF THE ABOVE CHART: USED AS A TREND-FOLLOWING OSCILLATOR, TECHNICAL ANALYSTS TYPICALLY BUY WHEN THE INDICATOR BOTTOMS AND TURNS UP AND SELL WHEN THE INDICATOR PEAKS AND TURNS DOWN. IF THE MOMENTUM INDICATOR REACHES EXTREMELY HIGH VALUES AND THEN TURNS DOWN, YOU SHOULD ASSUME PRICES WILL PROBABLY GO STILL HIGHER. THIS IS WHAT IS CONTINUING TO DO. SO THE ESTIMATE IS THAT PRICES WILL STILL GO HIGHER BASE ON PAST PERFORMANCE. THIRD I OFFER THE LOWER PART OF THIS CHART: bigcharts.com THE RSI RANGES BETWEEN 0 AND 100. RSI IS SAID TO INDICATE AN "OVERBOUGHT" CONDITION WHEN IT IS ABOVE 80 AND AN "OVERSOLD" CONDITION WHEN IT IS BELOW 20. HOWEVER, THE BUY AND SELL LEVEL VARIES DEPENDING ON THE AMOUNT OF BARS USED IN THE CALCULATION. A SHORTER SPAN OF BARS WILL RESULT IN A MORE VOLATILE INDICATOR WHICH REACHES FURTHER EXTREMES. A LONGER AMOUNT OF BARS USED IN THE CALCULATION RESULTS IN A LESS VOLATILE READING WHICH REACHES EXTREMES FAR LESS OFTEN. FOR THE LAST THREE WEEKS IT HAS MAINTAINED NEAR THE 80 MARK AND EVEN ON DOWN DAYS HAS MAINTAINED A STRONG POSITION ON THE CHART. There are about 10 different charts I use on a day-today basis so I won't bore you with any more. The bottom line here is that FNTN is out-performing what I had expected from my earlier reading of the charts and am happy to find myself in the situation of needing to upgrade my estimates. Today was a prime example of a strong stock in light of low volume. I think there are going to be a lot of potential investors who may be waiting for the stock to come down for a better buying opportunity. I think they better make a decision soon or they may be left behind. The only disclaimer I give you is that these are my opinions. If you don't agree with them maybe you could let me know what your opinions and ideas are. If you should happen to agree I would hope that agreement comes from your own due diligence, research and beliefs. Regards, Bill Fortune III

To: TechnoWiz who wrote (3101)	8/6/1998 11:15:00 PM
From: Joe Senesac	Read Replies (2) \| Respond to of 15313

To clarify what Wiz is saying about the website, there is no reliability problem. The problem is with the many DNS servers (each ISP or system has one) resolving the name www.fntn.com into its IP address (or the xxx.xxx.xxx.xxx number that people have told you to enter until this is resolved). This can be a difficult problem to realize its existence, as you can test it from any number of locations and have it work, yet a number of people will be unable to access the site from other locations that use different DNS servers. DNS is short for Domain Name Server. This certainly corresponds to the experience people have had on this thread, with some being able to access and others not. I'm sure that this will be fixed for once and for all now that they are clearly aware of the problem. There is no reason to withhold one's investment based on this. It is just one of the many things that can go wrong with a website no matter how reliable a server or other items you have.

To: TechnoWiz who wrote (3101)	8/6/1998 11:25:00 PM
From: Cliff Daniel	Respond to of 15313

"A DNS PROPAGATION NAMING PROBLEM" with the Domain name registry. This has been happening since the last press release. You can't really tell where the problem lies because I can't dig a SOA from BERTHA.PYRAMID.COM which is authoritative for FNTN.COM. Looks like a serial number problem to me. Neither the primary or secondary have an entry for WWW.FNTN.COM. So it would appear that PYRAMID is secondarying the zone file from a server on FNTN's network, but obviously it is not making it that far. Hope they get this fixed soon. If someone talks to them tell them I'll consult/fix it for free since I'm a shareholder and this isn't looking good for a technical company. Cliff