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


To: TechnoWiz who wrote (5463)9/8/1998 9:26:00 PM
From: J Spragg  Read Replies (1) | Respond to of 15313
 
WIZ..........great to see you back. I agree that we are on the verge of another up-move. The pending PR appears to be geared toward a sustained upward movement. The immediate goal being a move from the BB. I believe MS/MM and team will get it done!

Look forward to your posts...............jim



To: TechnoWiz who wrote (5463)9/9/1998 2:38:00 AM
From: Joe Senesac  Read Replies (1) | Respond to of 15313
 
Mr. Wiz, it is good to see you post again, like you I haven't posted for quite a while. It must be months in my case.

I agree with your analysis of the FNTN situation and its relationship to the overall market. It doesn't tend to behave in the expected fashion, rather I have noticed that it is one of my better counter cyclical stocks - some of its biggest gain days have come during days of large market declines. Perhaps some of this is just the luck of the timing of the few press releases and such. It can be easy to forget that even with the recent dowtrend from $2+ to $1, the stock is still up approximately 300% for the year.

It is difficult to understand what has happened to this thread. With all the positive sentiment that was around previously, I never had any sense of anyone trying to bury their head in the sand to avoid any negatives. Rather, I think it is easier with this stock to see many positives, and few negatives given the information that is currently publicly available. I am as cautious as the next investor, mainly due to the fact that I had a large position in QZARF which declared bankruptcy right out of the blue (I was surprised as I had done as much DD as I could). All the information I have been able to gather paints a picture of FNTN as exactly the opposite kind of company, one that has potential and a future, with solid management backgrounds and the like. It doesn't mean that I have buried my head in the sand, as Cliff might imply from his many posts, rather, I have assigned a higher probability of success to my investment in this venture than others I own given my current level of information.

My brother who helps manage certain corporate intranets for Ernst and Young has given me some insight into what the current state of intranets is. As well has another person who is currently an Executive Assistant at Arthur Andersen. The information exchange is primarily based on text and documents containing text. The real breakthroughs will come when the intranet is able to be used as yet another communication tool that is "richer" in content and context, combining video and voice in addition to its current usees.

FNTN has chances for success or failure based on its business model. That is what this thread should be about, a rational discussion of what fundamentals and market forces affect those chances. Perhaps we can all end these petty squabbles and get at this rather than some of the garbage of the recent past.

For disclosure, I am long on FNTN and currently own 50,000 shares. I personally would really like to hear what the position of some of the thread negative voices is.