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


To: Michael T Currie who wrote (5039)9/2/1998 10:25:00 AM
From: Cliff Daniel  Read Replies (1) | Respond to of 15313
 
Of course, Cliff wasn't interested in - or at least made no response to - direct, first hand experience. This is only one example of his blind spot towards anything positive about the company. Well, I guess technically it's not necessarily positive, but it refutes the negative. The 'what's taking so long' bit just doesn't hold water for me.


Quite the opposite. I do realise that Financial Intranet is attempting to paint a pretty picture of many colours. I have to say that the same applies to any company. Their vision is mostly always great. It's the road to success that is the hard part. I will say that FNTN has a chance at getting this off of the ground. However I do not see that type of service yielding enough revenue to support anywhere north of the current share value. Of course I could be wrong, as we do not know their financials. I feel that current book value of less than $1 right now.

As far as the 'taking so long bit'. I must say that it worries any and all investors that a product is delayed time after time. You don't know if the product even exists. And many startup companies trash original ideas after seeing that it just doesn't size up. So far it's all vaporware until the public see the working product.

Cliff



To: Michael T Currie who wrote (5039)9/2/1998 12:03:00 PM
From: Wally  Respond to of 15313
 
Mike: For what it's worth, one of our businesses is Internet/ Intranet design and implementation. According to the experts here, your time frame is absolutely correct. One year for a complex site is common. What FNTN is about to launch falls well into the definition of complex.

Wally

PS - Personally, I'm far from the expert so don't grill me too much. I have to go annoy working people everytime I need an answer. Just wanted to help you put the point to rest (of course Cliff never puts anything to rest).