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


To: don roberson who wrote (7309)10/8/1998 2:42:00 PM
From: The Philosopher  Respond to of 15313
 
Boomers are jumpin out to
protect their retirement nest egg. They
will risk no more. Probably will not come back in the market.


I would beg to differ. You think boomers are going to settle for cash or bonds for the next 5 years??? Won't happen. Take all the IRA and 401 money in the next two years and toss it all into cash or bonds and what do you think interest rates will be? Can you say 3%?? Even that may be high. With these interest rates businesses will be expanding, infrastructures will be possible again.

This will last one to two years at most; given the short memories of the boomers and next generation, I think more likely we will be threatening 10,000 again within 9-12 months. There is simply too much money to be put somewhere, and bonds and overseas investments just won't soak it all up.



To: don roberson who wrote (7309)10/8/1998 2:53:00 PM
From: The Philosopher  Read Replies (1) | Respond to of 15313
 
I am having trouble reconciling your message:

Forget about bases, etc. We are in a global market free fall. Boomers are jumpin
out to protect their retirement nest egg. They
will risk no more. Probably will not come back in the market.
After this "correction/crash", you will not see the euphoria in the market place again
like this. IMO. FNTN, if they do have revenues, will survive and prosper but for the
time being there will be no rationality for declines.


with your decision a few hours later to buy more stock. Apparently you don't belive what you post. Was your first post intended to panic FNTN stockholders even more so you could buy your shares cheaper? Something doesn't smell right here.