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

To: Tom Frederick who wrote (7164)	10/5/1998 3:56:00 PM
From: E. M. Edds	Read Replies (2) \| Respond to of 15313

Just my opinion: It seems like this press release is an act of desperation rather than a substantial release. I, like many watching FNTN, have been eagerly anticipating two things: 1.) a public alliance with Siemens, and 2.) the completion of the acquisition of IDB. The first would create credibility,validity, and public awareness of FNTN; the second would increase market cap and share price and allow listing on a national exchange (rather than BB). Recently we found out that the latter is not going to happen, and the former has been, at best, postponed. As expected, members of this thread, hypesters, and/or owners of this stock attempted to downplay the above two facts. As expected, they are now overemphasizing this release. A few days ago, I called $.70. I'm sad to say, I think $.60 is our next stop. A release about advanced charting, which was inevitable and expected, does not balance the failure to realize the other two expectations. I honestly don't know what will bring the turn around. But this release ain't it.