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


To: Wally who wrote (3714)8/17/1998 8:07:00 PM
From: Radim Parchansky  Read Replies (2) | Respond to of 15313
 
Wally,
I too agree that relative lack of news is not due to low activities but as a sign of confidence FNTN management has in its products. Due to this once PR is released, the price move is very substantial and does not fall back to the previous high. FNTN settled at about 100% up then before PR (.42-.9-.62 & .62-2.25-1.6). The main news is still to come, so even more up move can be expected.

Radim



To: Wally who wrote (3714)8/17/1998 8:23:00 PM
From: Robert W. Dog  Read Replies (1) | Respond to of 15313
 
Wally,
My guess for this week? That's a difficult one. It totally depends on the (expected) news.
If the news is something like 'we now have our video menu on the web site up and running', I don't expect too much upward move.
If it is (positive) news regarding the IDB acquisition, (signed) contracts or approved and published financials, we can expect much much more.
So, if we have some of that latter mentioned news I think we will be able to hit a peak in $3<>3.5 range. This or next week. (I understand from TA wizkids like John White there shouldn't be serious resistance up til that level). Take in account that after most previous FNTN announcements, it took a couple of days before the share price started moving.
With no serious news, we'll be fooling around in the area we're in now.
Just my humble opinion. What is your take?
Cheers, Robert