Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: RWB who wrote (3128)	8/7/1998 8:05:00 AM
From: jpbp	Read Replies (1) \| Respond to of 15313

TO ALL and RBW.....hmmmmm that is very interesting.....epecially that they asked you to see if it was faster. DEAD GIVEAWAY in my opinion. While we are glassy eyed....thought I'd paste a little of today's news regarding internet stocks and make some comments AGAIN about the potential for those who run the course with this stock. 1998 Internet IPO Roundup IPO price / PriceAug 6 / %Change / High / Low Broadcast.com $18.00 / $56.50 / 214% / $74.00 / $ 47.00 Inktomi $18.00 / $47.75 / 165% / $88.75 / $30.75 Broadcom $24.00 / $60.13 / 151% / $83.75 / $47.00 Verisign $14.00 / $30.06 / 115% / $49.00 / $20.50 ISS Group $22.00 / $46.38 / 111% / $56.63 / $31.63 Netgravity $9.00 / $14.19 / 58% / $32.50 / $9.25 Cyberian Outpost $18.00 / $17.63 / -2% / $26.00 / $17.13 CDNow $16.00 / $14.00 / -13% / $39.00 / $11.06 N2K $19.00 / $14.75 / -22% / $34.63 / $12.25 TOTAL/WEIGHTED AVERAGE 158.00 301.38 91% 484.25 226.56 c 1998 Mecklermedia (NASDAQ:MECK - news) , Internet.com The link to the article is fnews.yahoo.com Some comments.... 1) EVERY IPO ran at least 90% even the dogs in the group that are now down, all except for one ran at least 150%, most ran 250-300% and some even more. 2) Most of these IPO's ran to a peak market cap of 2 Billion dollars or more (as an aside a 1 Billion market cap puts FNTN well over $ 60 per share - I can't even think of two) 3) Of the 5 that were really big winners the combined revs for the last quarter for INKT, BCST, VRSN, and ISSX were 17.6 million and the net loss was 13.1 million (the exception is BRCM which is the only profitable of the whole 9). So ask yourself now how FNTN and the intranet companies that are expected to be much more profitable (FNTN management has said they expect to turn a profit by 4 Q THIS year) fit in the next wave of growth. What will 'the street' value them at when they have been discovered. All of a sudden $1.80 still seems awfully undervalued does it not. Respectfully submitted, jpbp I have posted and can't get the #'s to line up pretty, but if you use the link it will make sense. Good day to all.