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


To: DayTraderKidd who wrote (7271)10/7/1998 2:40:00 PM
From: Tom Frederick  Read Replies (2) | Respond to of 15313
 
Peaceful, If I may offer another view. There are many people in the BB stocks specifically for the purpose of making quick hits. While it is a very difficult way to make money, the BB's invite this kind of investing by being companies with explosive growth potential.

What few of these "quick hit" investors take into account is simply common business screw ups, delays, mistakes, etc. Being that they are very often start ups or very young at least, many more things can go wrong than with an established company. And many more things can kill them outright that would not kill a large company. So, the investors looking for the quick hit get wind of things not going so great, or things being delayed and it's off to the next opportunity.

However, I detect on this thread that there are many who understand the market that FNTN wants to be in, understand the value of the Seimens relationship, and understand the very positive first hand experience of those who have generously shared the results of their DD. And while it is not voiced outright, I believe that many on this thread will in the end do exactly as you suggest...wait it out.

Personally, I don't see Seimens getting this closely associated with anyone without kicking the tires, looking under the hood and generally checking things out very carefully. Obviously they see something exciting here.

And so do I.

Good luck.

Tom F.



To: DayTraderKidd who wrote (7271)10/7/1998 2:43:00 PM
From: Wally  Respond to of 15313
 
Peaceful: My contact at Smith Barney believes that the market will undergo a total recovery within 3 months. The reasons are multiple.
1. The end of the year is the time for mutual fund investments via retirement funds. Nobody in their right mind is going to put their money in a 4% (or lower) bond.
2. The market has already reacted to topical news about World markets well ahead of the general public's knowledge of same.
3. The US economy is still fundamentally in terrific shape.
Your are correct about blue chips recovering first. However, FNTN has reacted tangential to the market. It also has witnessed a 4 times increase in 10 days on moderately comforting news having nothing to do with sales or profits (internet site announcement). I fully believe that this stock will soar on news of real sales and on real profit. In the end, this is what always separates the winners from the losers. This is the quarter when it is supposed to start happening, so you may want to pay attention a little sooner than anticipated.
Regards,
Wally