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

To: Radim Parchansky who wrote (3396)	8/11/1998 5:29:00 PM
From: Wally	Respond to of 15313

Radim: One thing for us all to remember: There's a reason why nobody ever coined the phrase "No news is bad news." When there is news, and there will be, it'll only be good. About 10 days ago I posted my guess as to this week's activity. One of my few nearly accurate predictions was that the stock would go down to $1.50 if no news was forthcoming on the projected (not scheduled) date and days passed without word. In a healthier market FNTN would have been at 1.75 at close today. Tomorrow I fully expect bargain buying. According to a couple of brokers I've talked to, buyers are becoming more selective. IMO, a stock like FNTN with a fairly predictable short term upside should renew its outperformance of the market. I totally agree with those of you who believe today's action was day traders abandoning ship. Most people who have lately joined the FNTN surge don't have any real view of the company or it's pending successes. They are buying on momentum over research. We've witnessed that in numerous posts from new posters. The longs have an investment edge with this company that is usually not there with small OTCs. We all wish we could time the big dips, sell and buy back even more shares. The smart day traders make millions in the market by correctly playing those peaks and valleys. We all hate the dips, but ironically it's part of what makes the system work in the first place. And if the market continues to slide? Well, there are ALWAYS winners out there. As I said, buyers have just begun to look harder. And when they bother to make that examination, they'll start to appreciate Financial Intranet's real possibilities. I think it was Don who suggested that FNTN may thrive in a tougher market because they offer an edge to that ever more critical buyer. To paraphrase our friend Malcolm, "buy when nobody else wants to." Wish I had the bucks to double my position right now. Wally

To: Radim Parchansky who wrote (3396)	8/11/1998 6:18:00 PM
From: Radim Parchansky	Respond to of 15313

Wally, FNTN is going to be independent from the market until it trades in much higher prices ($20 and up). If investor look selectively for stock FNTN is the one to pick from OTC (the longs on this thread know it). Today's action in FNTN was driven by shorts, price above 1.3-1.4 is very good base for Intranet PR. Every time we have not heard from the company was a good news, since they were always busy working. FNTN is about to take off at least business wise. The Street will see it and our investments will pay off. Radim