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


To: Mike K. who wrote (3168)8/7/1998 11:06:00 PM
From: Kevin McKenzie  Read Replies (1) | Respond to of 15313
 
Mike,

I think some of the long time members of the thread can answer this question more completely, however, I'll give it a shot. I think FNTN's recent rise is due to the following convergence of events: I'm putting them in their order of significance (as always this is just my opinion)

(1) Tight float due to high shareholder loyalty

(2) Growing awareness of company due to recent press releases and high growing volume of discussion on sites such as SI and Raging Bull.

(3) Release of FNTN's updated web site

(4) Anticipation of FNTN's first intranet implementation

(5) Anticipation of more contracts soon to come

(6) Huge growth potential of business investments in intranets

(7) FNTN's membership in a high growth industry (intranet/internet)

(8) Potential growth in video-over-internet revenue, as increased communication bandwidth becomes available and cheap (eg, cable modems, ADSL, etc)

I'm sure there are a lot more drivers. But I honestly think that the first 4 items have prompted most of FNTN's rise thusfar. I know, in a way this sounds cynical, because the first four items on my list are fairly superficial (in the grand scheme of stock valuations). However, I am encouraged by the apparent fact that FNTN has risen this much with very little substantial news.

Any other thoughts on the subject?

Kevin



To: Mike K. who wrote (3168)8/8/1998 11:35:00 AM
From: Bill Fortune III  Respond to of 15313
 
Hi Mike, in regards to your comment; "Please help me to understand" let me offer you the following posts to review.

Post by FV #3145
Message 5442480
Posts by Wiz
Message 5416802
Message 5427543
Post by Joe
Message 5444128
One of my recent posts
Message 5432797
This one by dharampal luthra
Message 5413073

Also please visit the FNTN InvestorNet site for analysis and insight
home.swbell.net

FNTN is a stock currently owned by investors with a very long view for its future. Investors for the most part who are not willing at the present time to let go of any of their stock.

I don't know if any of this helps but I hope so.

Regards,

Bill Fortune III