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

To: Ariella who wrote (3811)	8/19/1998 1:13:00 AM
From: bob	Respond to of 15313

Ariella, Thanks for your thought provoking post. As usual you add much needed balance to the exuberance on this thread. BB stocks are also at the mercy of the MM's much more so than the NASDAQ. Often BB stocks are shorted by them especially if news is not forthcoming. All they need is an uptick... Bob

To: Ariella who wrote (3811)	8/19/1998 7:31:00 AM
From: Radim Parchansky	Read Replies (1) \| Respond to of 15313

Ariella, With regard to companies perhaps spending funds on Y2K instead of Intranet, remember all now big stocks (MSFT, AOL,...) were way ahead of its time. I put more attention to company's ideas, good management and very important pursuing their goals even if the market is not ready yet. On the other side (The Street) - getting into NASDAQ - if FNTN receives enough revenues to get there, that's all what I expect to happen with this stock in the near future, that is I'm not looking for 10-20 dollar price (again GE's 5B puts this into different light) within next several Q's. Today's meeting at FNTN should have some answers for us, maybe then better predictions about NASDAQ, Intranet, etc... could be made. Radim

To: Ariella who wrote (3811)	8/19/1998 7:35:00 AM
From: Streetwise	Read Replies (2) \| Respond to of 15313

Hi Ariella...you raise an excellent point about the funding problems that many startups face. On the original FNTN thread, it had been reported, (post # 657) that Siemens Investment Division had been closely watching FNTN's progress. A recent article (August 15, 1998) in the San Francisco Chronicle, relates to that previous post, and might be positive for FNTN, if additional funding is needed. sfgate.com " GERMAN INDUSTRIAL GIANT STARTS SILICON VALLEY VENTURE FUND Tom Abate ÿSaturday,ÿAugust 15, 1998 One of Germany's technology giants has dipped its toe into the Silicon Valley venture pool by opening a $300 million fund to invest in networking and telecommunications startups. Siemens AG is a $70 billion industrial Frankenstein that grafts together 16 different divisions, including electric power generation, chipmaking, computing and telephone equipment. Given its size and complexity, Siemens isn't noted for speed, which is a liability in the fast-moving telecom equipment business, where it competes with U.S. firms like Lucent and Cisco Systems. That's why Siemens executive Anthony Maher said the company chose Mustang Fund as the name of its new venture arm, which will be headquartered in Santa Clara. ''A mustang is something that moves fast and has the image of being free-wheeling,'' said Maher, who introduced the new fund to local VCs at a Thursday night dinner in Palo Alto. Only time will tell whether the fund will fit the name. Siemens will target startups in three telecom-related areas: technologies that carry voice and data over the same lines, equipment to create broadband or wireless networks and software to help manage such networks. Peter Morris, telecom partner at New Enterprise Associates, said that in addition to cash, Siemens could offer startups access to markets in Europe and Asia. ''Telecom startup investments is an area where Cisco has had an effective monopoly,'' he said. ''Siemens is going to challenge that.'' In addition to its venture fund, Maher said Seimens will also be looking to acquire full-grown telecom players. With an eye toward merger possibilities, investment bankers George Boutros and Bill Brady of Credit Suisse First Boston hosted Thursday's dinner, which introduced the fund's manager, Bjoern Eske Christensen, to local VCs. ..." Regards, Streetwise