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

To: Ann Janssen who wrote (7548)	10/22/1998 7:28:00 PM
From: Wally	Respond to of 15313

Here's my simplified (or simple-minded) take on the recent price drop: Cause 1: Market timing. (especially BBs) damage - .50 Cause 2: Lack of company communication. (to be fair - nothing to write, so they didn't!) Damage - .35 Cause 3: Premature expectations by stockholders. (many of us expected a quantum leap at least 2 months too early) Damage - .30 Cause 4: Misanthropic subterfuge by outside source(s). (this was exacerbated by all of above) Damage - .35 Today's leap may have been no more than a momentary flirtation with the momentum that we expect. Certainly some profit-taking will occur on Friday. Selfishly, I'd like another shot at 50 cents - and I may still get it tomorrow morning. Sooner or later, today's pattern will repeat itself 3 or 4 times within a month, each time with little recoil from it's highs. I still think we're a month or two away from such an eventuality.. but I won't be too upset if it happens now. Wally

To: Ann Janssen who wrote (7548)	10/22/1998 10:30:00 PM
From: Kool Guy	Respond to of 15313

You are probably right in that much of the price decline in FNTN was due to poor market conditions. I suspect many people had to sell this stock (and a great many others) at the time the market tanked to cover their margin plays. Kool guy