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

To: ilh1 who wrote (6070)	9/17/1998 9:32:00 AM
From: Cliff Daniel	Respond to of 15313

This is a very important point regarding any BB company. If any company can keep the burn rate low with virtually no debt, and can generate sufficient contracts of revenue; that in itself is a BIG part of the formula for success. (This is the area that causes many BBs to fail, I am very please to see that FNTN is avoiding that pitfall.) Okay, Okay... If this startup company, with no source of revenue and an unfinished product, then how do you think they can maintain a little to no burn rate? Money has to be spent in R&D somewhere! Unless of course there is not actually a product, said, being developed. I guess we'll wait and see if this turns into something more than a web page with a portfolio tracker and delayed quotes. Video on Demand. Isn't that what Real Video does? :-) You know, the free app that lets you watch video over the 'net. Outsourcing saves money in the long term. Short term it costs more up front. -- Cliff