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


To: DayTraderKidd who wrote (3776)8/18/1998 5:40:00 PM
From: Bill Fortune III  Respond to of 15313
 
Summary of Today's Trading Tuesday, August 18, 1998 on FNTN:

Price Vol % Value Trades %

1.4844 23,600 11.68% $35,032 7 7.37%
1.5000 43,100 21.34% $64,650 14 14.74%
1.5157 31,300 15.50% $47,440 26 27.37%
1.5313 7,000 3.47% $10,719 3 3.16%
1.5469 8,700 4.31% $13,458 5 5.26%
1.5625 71,100 35.20% $111,094 30 31.58%
1.5781 7,000 3.47% $11,047 3 3.16%
1.5938 10,200 5.05% $16,257 7 7.37%

Totals 202,000 -- 309,696 95 --


Closing Price......$ 1.51
Up or (Down)......($ 0.05) or (3.33%)
Total Trades were.....# 92
Avg. Per Share Price...$ 1.533
Avg. Shares per Trade..# 2,195
Day High.......$ 1.60
Day Low........$ 1.48
Largest Trade........10,000
Smallest Trade...... 100

Regards,

Bill Fortune III



To: DayTraderKidd who wrote (3776)8/18/1998 6:12:00 PM
From: Jim Porter  Read Replies (1) | Respond to of 15313
 
Peaceful,

Keeping current with your ability to sell - at any price - is just good personal money management.

As I've said before, FNTN management is simply keeping the pump primed. I don't think they have intentions of using the pump anytime soon, but if it's not primed, they won't be able to get water when the need for water is the greatest.

To be honest; although I wish I knew more about the total number of shares issued, after reading the section of Rule 144 stating 1% of outstanding stock, I have no great concern about what is registered or even what is sold when they do sell - and, the day will come when they will start to sell. The only problem, unless a person is monitoring these filings on a daily bases, the public will only know about it after the fact.

Knowing all of this, I'm long and staying long!

.......-jp