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

To: Jim Wood 2 who wrote (3281)	8/10/1998 11:53:00 AM
From: Bill Fortune III	Read Replies (2) \| Respond to of 15313

Hi Jim, I really can't get a take on the trading today. I was very surprised when I saw sale after sale going at ask and in a couple of cases above ask and no increase in the ask price. This was through the first 48 to 50 trades. After that it started a gradual downturn. The overall volume is not all that high so to me it appears more like some investors are just taking profits and putting in market sell orders, which if that is the case and in my opinion that will tend to bring prices down rather then up. It also could and most likely is a combination of many factors. As Migs said for some this will be a buying opportunity. Regards, Bill Fortune III

To: Jim Wood 2 who wrote (3281)	8/10/1998 3:21:00 PM
From: Kevin McKenzie	Respond to of 15313

Jim, This article provides a bit of insight into MM's methods. dimgroup.com By the way, the article can be found on the News page of the FNTN InvestorNet (http://home.swbell.net/sprue) under "Unofficial Tidbits". This article suggests that MM's frequently go short on peaks and cover later. Kevin PS: Just a reminder that trying to determine how MM make their money, and trying to profit by that knowledge is a very short term trading technique. So if your long on FNTN (or any stock, for that matter) you don't need to worry about how MM's do their business. I'm not intending to lecture . . . just a friendly reminder.