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

To: Kevin McKenzie who wrote (3172)	8/8/1998 11:43:00 AM
From: Kevin McKenzie	Respond to of 15313

One more point regarding the influence of the SI discussions on stock price. I've lurked on threads like Egghead, Amazon.com, K-tel, and it amazes me that SI members think that "bashing" on an SI thread can significantly affect those high cap stocks -- I just don't think SI can influence those stock prices much. However, I strongly believe that FNTN's stock price has been, and can continue to be bolstered by the sentiments and loyalties of the members of this thread. I think FNTN's business model (what I know of it) is great and potentially very profitable. For now though, it's nice to have the added edge of a STRONG shareholder base. Rarely do the members of an SI thread represent double-digit percentage ownership in a company. Even if the Lurker's corner estimate of over 8 million shares held is four times too high, SI members still hold 12 1/2% of total FNTN shares and 18% of float -- that's pretty powerful. I read in one of Jack Schwager's books (THE NEW MARKET WIZARDS, I think) that one of the key success factors of good traders is to have an edge and know that edge. I think this strong base of loyal shareholders is our edge with FNTN. Kevin McKenzie FNTN InvestorNet (http://home.swbell.net/sprue)