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

To: MskiHntr who wrote (5856)	9/15/1998 10:59:00 AM
From: Cliff Daniel	Respond to of 15313

I read that quite the opposite. The MM's received a few shares last week. It is now their goal to turn those shares into a profit by increasing the spread. They want buyers at this point and not many sellers, until they attain a closed position. At that point the cycle will start again.

To: MskiHntr who wrote (5856)	9/15/1998 11:06:00 AM
From: RWB	Read Replies (1) \| Respond to of 15313

Talked to HARRY MCMILLEN this morning. He says his firm assists companies who are making a move from BB to small cap and that they have, over the last three months, acquired 4 million shares for investors connected with there firm. Also said there job was to buy up the float. Sounds very good to me!!!! RWB

To: MskiHntr who wrote (5856)	9/15/1998 11:38:00 AM
From: Bill Fortune III	Read Replies (1) \| Respond to of 15313

Greetings Joe. Your analogy of investors being willing to buy in the low 0.90's and not to much selling pressure. Based on you personal opinion I would like to ask if it would be fair to say: 1. Most sellers are not willing to sell are the bid? 2. That if sellers stand their ground and hold onto their stock, that there is a chance the Bid will increase? Over the last month or so FNTN has had some large trading swings as the example below shows: Date Close High Low Spread % of Spread Closed 9/14/98 1.02 1.05 0.95 0.10 10.00% Up 9/11/98 0.96 0.96 0.81 0.15 15.00% Up 9/10/98 0.89 0.89 0.78 0.11 11.00% Up 9/9/98 0.85 0.93 0.81 0.12 12.00% Down 9/8/98 0.92 0.95 0.86 0.09 9.00% Down 9/4/98 0.96 1.125 0.9 0.23 22.50% Down 9/3/98 1.01 1.06 0.88 0.18 18.00% Down 9/2/98 1.03 1.11 1.01 0.10 10.00% Down 9/1/98 1.05 1.05 0.85 0.20 20.00% Up 8/31/98 0.92 1.11 0.89 0.22 22.00% Down 8/28/98 1.07 1.16 1.05 0.11 11.00% Down 8/27/98 1.09 1.22 0.98 0.24 24.00% Down 8/26/98 1.17 1.23 1.16 0.07 7.00% Down 8/25/98 1.21 1.37 1.19 0.18 18.00% Down 8/24/98 1.3 1.51 1.21 0.30 30.00% Down 8/21/98 1.33 1.34 0.99 0.35 35.00% Up 8/20/98 1.2 1.4 1.1 0.30 30.00% Down 8/19/98 1.4 1.51 1.36 0.15 15.00% Down 8/18/98 1.51 1.6 1.48 0.12 12.00% Up Joe, thanks in advance for your input. Best regards, Bill Fortune III