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

To: The Philosopher who wrote (7280)	10/7/1998 5:31:00 PM
From: Michael T Currie	Read Replies (1) \| Respond to of 15313

> I fear you are letting reality intrude on irrational exhuberance. Good one, although I've never considered myself particularly guilty of IE. > One thing you failed to mention: while FNTN needs Siemens, and Siemens has certainly said nice things, there does not appear to be any contract or legal relationship that Siemens couldn't sever in a matter of moments if they chose to. Excellent point, although you have to wonder what is signed and what's not. I get the strong impression that there is quite a bit going on behind the scenes that we do not know about. Whether good or bad is impossible to say. Does Siemens really need FNTN or is FNTN a convenient outlet for their technology? > Those who tout the Siemens relationship as the saving grace of FNTN may not be recognizing the very high risk that goes with that. Personally, I would prefer to see FNTN making it on its own without needing to rely on one big brother. But for now, that's the way it is, and I suspect that those people with green eyeshades realize it and are factoring that into the perceived value. Absolutely correct regarding the risk factor here, but as you pointed out, there is a strong potential positive side to this. I work with a lot of high tech companies. To pick one at random - Schlumberger. This company has probably been responsible for more successes and failures in the oil service industry than any in history. They leave the carcasses of the failures by the roadside after sucking them dry of their technological expertise. The success cases, which to be fair certainly outnumber the others, are usually acquired. Once again, we are not privy to Seimens' motives, but on balance, I think I would much rather have them in the picture than out.

To: The Philosopher who wrote (7280)	10/7/1998 8:08:00 PM
From: Wally	Respond to of 15313

Christopher: Siemens is not in this for a piece of FNTN's profits. They're in it for a US success story. That's potentially worth a lot more to Siemens than a hunk of FNTN's revenue. Siemens is not the quarterback in this relationship. The play-calling belongs to Michael Sheppard. Siemens is the 1 ton offensive line. If they can knock down the technical barriers for FNTN and FNTN scores early and often, then Siemens can knock down similar barriers for other American companies. Success will always beget success. This is a terribly underdeveloped, practically untapped continent for Siemens. They intend to change the way, and where they do business. In reality, if Siemens packed their International bags and headed home to Germany tomorrow, FNTN would survive without them. The gameplans of the two companies are intertwined enough to make it worth the wait for both of them. I admit I am still just as positive about FNTN's future as ever (but with a different time schedule then momentary appearance suggested). Please don't confuse me for a polyanna. As you've stated, FNTN is still a BB and it's going to remain a higher risk investment until it qualifies for NASDAQ. I also agree with you wholeheartedly about "perceived value" as opposed to quantified value. Still, all of the conceptual elements which made this stock an interesting gamble in January remain in place today, only closer to fruition.. or failure. What I saw in Ardsley was much more than a hole in a wall with desks- and believe me, THAT's why I went there myself. This stock has not yet been coronated King of The Intranet, but it's certainly no joker either. Time will tell. More time than we may have bargained for after the rush to $2.25, but I think will have our answers in no more than 6 months and probably less than three. regards, Wally