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


To: Bill Fortune III who wrote (5792)9/14/1998 1:40:00 AM
From: Fredman  Respond to of 15313
 
IMO- I think the market as a whole has changed DRAMATICALLY from what it was when we 'were kids'. Back then, Dad bought a stock for his retirement based on sound business and operating fundamentals, and he held it for life. These companies paid good dividends, and for another thing, they maybe didn't have the competition for your dollar that most every company has TODAY. The profit margin is so small in a lot of industries, you just won't see the dividends and earnings (growth) you saw 10-5- even 1 year ago. TODAY, IMO, people are not mainly buying for the long haul. They can't. I deem it not investing, but auctioneering to the highest bidder - based on what you or I might THINK a prospective company might do in the next week to 2 months, and if it does nothing, you sell and go look for something else. Yes, there are some of us long-termers out here, But i think the shorters, and the short-term people are what is really throwing the market for a loop, OUTSIDE of the fact of the Asian situation, Russian situation, our own political situation, and the American economy slowing its' growth rate quite a bit. but, as usual, i could be wrong.....
as they say: 'you pays yer money and takes yer chances'......



To: Bill Fortune III who wrote (5792)9/14/1998 9:47:00 AM
From: watcher  Read Replies (1) | Respond to of 15313
 
Bill Fortune: I guess you think market cap should be here around $16-18 mill.! What makes you think that it would be trading higher than .96? A few months ago it was at .20 and has since been to 2.25. What is different today than several months ago. Some put a lot of faith in this BID price. Try and sell anything substantial and then you'll see whether that bid price is REALLY .96! You're staments about if they has 50,000 customers, $60,000 revenues etc. have nothing to do with subject. Agreed that it has a lot of risk and a lot of potential for SUCCESS. Don't you think that the everyine on this thread deserves and has the RIGHT to hear all information so that they can protect whatever they have chosen to put at risk? Just because you and a few others have made your decision to not want to hear any negative comments/facts, what makes you think you can impose this on everyone else.
I guess your stament that "either one believes in FNTN or it doesnt't" explains it pretty clearly. You leave no room for the middle. Those that really try to stay on top of their decsions so that they can limit their downside.

One thing for sure, if your dedictaed optimism and undying faith is representative of a large number of investors today, I have got to find a company to buy so that I can take it public as well. When I do, you guy are the type of shareholders that I want!