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


To: Bill Fortune III who wrote (8047)11/13/1998 2:32:00 PM
From: The Philosopher  Read Replies (1) | Respond to of 15313
 
So we must be careful that no unfounded rumors get
started.


You mean like the rumor that AVCO makes modems? <vbg>



To: Bill Fortune III who wrote (8047)11/13/1998 3:40:00 PM
From: Guy  Read Replies (1) | Respond to of 15313
 
Bill I totaly agree with you. I just couldn't understand why people
were hoping for the company to be bought. I would much rather see FNTN come to its own and become an established and reporting Co. If purchased at this early stage, us patiently waiting for FNTN to break through would not benefit greatly. Now of course, is a CO. were to make investments in FNTN at this stage I would be delighted.

Also others say that if this company were only listed on the NASDAQ that this company would get the recognition it needs for institutional investing. This maybe true, or maybe not. It is certainly not a given. In fact I heard this kind of hype with the stock SNRS. Everybody kept hyping the fact that once it got listed from BB status to Nasdaq that it would fly. Guess what folks it didn't happen, not for long anyway. A few weeks after the stock became Nasdaq listed it was at the same or lower price it had when it was a BB stock. On the other hand once FNTN becomes a reporting co, it just might get a nice bounce.

On the positive side, I do feel that FNTN's potential is terrific. I've invested a good chunk of cash in this baby. But not so much cash that I can't afford to loose. This after all is a non reporting company, and its price is based on pure speculation. With the recent news however, I feel more confident with this investment.

Guy



To: Bill Fortune III who wrote (8047)11/13/1998 5:27:00 PM
From: Wally  Read Replies (2) | Respond to of 15313
 
Bill: As you said, the Siemens rumor is total conjecture, but obviously not improbable - so we muse over the possibilities. We just shouldn't obsess over it. Let me obsess for my 10 seconds and then I won't mention it again. I'll conjecture over conjecture by first saying that any Siemens buyout offer at this point would probably be for no less than 4 bucks a share..
and at that price, I think that Financial Internet would turn it down.
During my visit, Michael Sheppard told me something that stuck in the back of my head. He said they could sell the company for a good profit at any time but they haven't because they're in it for "the home run." IMO, the "home run" is to either make it entirely on their own, or sell when the price is right. Having had an IPO around 6, I would think that a "home run" would literally & figuratively be a 4-bagger.
Regards,
Wally