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

To: The Philosopher who wrote (6656)	9/22/1998 4:55:00 PM
From: Radim Parchansky	Read Replies (1) \| Respond to of 15313

Long term holdings of FNTN will outperform many high flying stocks IMO. The key is business idea and management. If both are very good (based on your DD) then chances of large return is relatively high and the previous charts show just that. Radim

To: The Philosopher who wrote (6656)	9/22/1998 5:17:00 PM
From: Michael T Currie	Respond to of 15313

> Interesting graphs. Basically, though, they point out the importance of choosing your starting point in graphs of this type. Depends on how long term a trader you are, whether you are a long-term buy and hold, or a short term, or an intemediate term. Anybody who got into FNTN in June and sold out in August did great. Anybody who bought in August and sold today got killed. You're quite right about the importance of timing, Christopher. The 'longs' in this stock are overwhelmingly those who purchased at $0.20-$0.80 (or so). This includes myself, by way of disclosure. The short term price history of the stock is dreadful. Obviously, the future will decide whether those who bought in August should have held or not, or if they should be repurchasing now. On a completely different matter, has anyone noticed the peculiar trading that has been going on over the past few days? Very low volume, trades at the bid - presumably sells - punctuated by buys of 100 shares at the ask. Now, I am not one of those who sees the market makers as evil beings on the whole, but who else would possibly be trading 100 shares at a time? The 'buys' at the asking price create the illusion of normal price movement. Can't quite put my finger on it, but something is not right. Any speculations? Mike

To: The Philosopher who wrote (6656)	9/22/1998 6:23:00 PM
From: Jim Porter	Read Replies (1) \| Respond to of 15313

Chris, You are right, it's like they have always said: "Statistics don't Lie, but Statisticians Do". Nevertheless, what I attempted to point out was this: over the past three months, the ROI of FNTN, as compared to the ROI of various other investments - regardless of their source (NASDAQ, NYSE, etc.), has proven out to be a better performer than the alternatives used in my example. Are there examples that would prove this to be untrue? Of course there are. And, if you or anyone else would like to provide those examples, you are most welcome to do so. Why did I use the examples I did? Because they are stocks that many people can relate to and may even have a desire to own. What was the importance of my example? To some people there may have been no importance. However, to me, the importance was and is ROI. For those people who bought in at a price greater than $1.00, YES, they have lost money. With all due respect to those people, why did they buy in at that level? And, why did they not learn about FNTN prior to the time they did? I don't know the answer to that any more than I know the answer about what the future is going to hold for this company. What I have is confidence! Does that mean someone else should have the same confidence as myself - NO! Confidence in something or someone is a personal thing! Thank you for the recommendation of the book, I'm going to buy it and read it. I have always enjoyed statistics and the application of statistics to human behavior and marketing issues. ........-jp