SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : THNS - Technest Holdings (Prev. FNTN) -- Ignore unavailable to you. Want to Upgrade?


To: T.M.K. who wrote (7904)11/9/1998 11:12:00 AM
From: Michael Baron  Respond to of 15313
 
Tom and all,
A couple of thoughts come to mind:
1. A Siemens director on the board makes the direction FNTN moves more "strategic" in terms of the hardware backup that is coming down the pipe. Product offerings can be tuned to those capabilities Siemens is concentrating on.
2. FNTN gains credibility. The "strategic partner" news is getting dated, and this move underscores the depth of the relationship, and the likelihood it will strengthen.
3. We know that what is good for Siemens (its size and product) is good for FNTN, but this emphasizes that what is good for FNTN is good for Siemens. That's saying a lot for a tiny startup in its germinal state.
4. It's a feelgood thing: having a board member from a mega-multinational around just makes everything more "real." MS, MM, BS must feel very positive about this appointment.
5. It also raises the possibility (IMO) that Siemens involvement may graduate from "strategic partner" to investor, owner, who knows? These appointment have historically been the first move toward merger, takeover, etc, and may signal that in this case. Just wishin'...

All the best,
M.