Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Ariella who wrote (3866)	8/19/1998 4:15:00 PM
From: don roberson	Read Replies (1) \| Respond to of 15313

I think most folks understood Kevins concern and acknowledged so, some in a joking manner, etc. Its your post that looks like a flame to many. You won't get anywhere with the devide and conquer here Ariella. COOL IT.

To: Ariella who wrote (3866)	8/19/1998 4:25:00 PM
From: Kevin McKenzie	Respond to of 15313

Dear Ariella, First of all, the posts always get a little more emotional, if not downright nasty when the stock is going down. I don't take offense at it because I know if for what it is. Regarding yesterday's discussion of shares outstanding, the only mistake I made was in not thoroughly reading the SEC regulation once it was posted. The initial quote from Maura Marx strongly suggested that there were more shares than was previously indicated in press releases. I coupled that with the fact that the share count jumped from 4.8 Million to 16 Million without any press release that such a dilution was pending. The result of yesterday's discussion was, for me, quite reassuring, because it suggested that there are still only 16 million shares outstanding (a question which has been nagging at me). Also, I am absolutely certain the discussion about share count did not move the stock one bit yesterday or today. If anything, it's resolution provided a little, much needed, reassurance. If I had the power to move a stock from 1.90 to 1 3/8's, well, I'd be rich . . . which I'm not. I don't feel "flamed" because nobody got personal or overly irrational, we're all entitled to our opinions. I don't assign much credence to wild speculation of a $30 price tag. FNTN has a great deal of work to do, and many obstacles to overcome before it will have a half-billion dollar market cap. Ultimately, we'll all be best friends if and when the stock doubles or triples. We'll all lick our wounds if the stock flounders and falls. Enough preachiness. Kevin

To: Ariella who wrote (3866)	8/19/1998 5:09:00 PM
From: Speedster	Respond to of 15313

Another thought--with respect to dilution--of the 16,000,000 outstanding shares--only 12,000,000 are in the float. I can't remember, and I am too lazy to check, but I believe outsiders have 8,000,000 shares. In effect--who now controls the company. I've got a feeling that management may want to keep their jobs until they hit it big--which hasn't occurred yet--so I don't expect serious dilution-if any at all.