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


To: ilh1 who wrote (5421)9/8/1998 10:34:00 AM
From: Tom Frederick  Respond to of 15313
 
Mr. Soul, You are dead on with that last post. The market only believes the news. And the news in the mind of the market is "great prospects, but since the last release no updates and that means no progress" Perception in Reality in this market. If the perception is that you don't have anything new to say long after the expected launch of the core of your business, then that is how the stock will trade. And that is, the stock will drift until real solid news is out.

This has NOTHING to do with what may or may not be happening in the back rooms, or new contracts being discussed etc. The issue is that if the market doesn't know about it or have a real good reason to believe it is coming very soon, this is an area of technology that can run into deal busting problems any time. And that is what the market doesn't know. Do they or don't they have an INTRANET up and running? And if they don't, why? If they do, when will it be announced?

Not bashing, just a reality check on the market which doesn't care who the winners are, just that the news and real events support the price.

I hope that FNTN gets it together soon. And the October show is no reason to wait to put out the core announcement on the status of the INTRANET. Maybe a good place to talk about contracts with high profile customers. We'll see.

Tom F.