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

To: Cliff Daniel who wrote (5040)	9/2/1998 11:08:00 AM
From: Michael T Currie	Respond to of 15313

> 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. Cliff, old son, my regard for you just jumped about threefold. Finally, finally, finally you conceded that it is possible - and only possible - that FNTN might be concealing something positive that shareholders are not aware of. That is really all I wanted to hear from you. A minor point for complete accuracy: FNTN's book value is certainly far less than a buck. Your opinion of market value is as valid as anyone else's based on the lack of available revenue info. > 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. Fully agreed. But surely you realize that the very nature of development requires 'vaporware' to exist. Intellectual property is all these guys have. And yes, they have not met some deadlines in the past. Again, I would argue that it is the nature of the beast. We don't know what the original concept was or how it has been modified since. I will admit that if there is no announcement of implementation and signed contracts within the next couple of weeks, I will sell out. I don't hold stocks for sentimental reasons. Keep up the rational, balanced discussion, Cliff, and you will get no more hassle from yours truly. Mike