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


To: ilh1 who wrote (8266)11/23/1998 5:26:00 PM
From: Radim Parchansky  Read Replies (1) | Respond to of 15313
 
I don not know the numbers the only info MS shared with me is what's going to be released and when. IMO the numbers we'll see is just a starting point for future financials and comparison with other Internet companies. As far as I know (from MS) their debt is virtually none (MS: "We saved mil dollars by being allied with SIEMENS), the burn rate is very low (unlike most of the Internet companies!). Next year is also the third year of FNTN existence, based on statistics who makes it the first three years has a good chance to stay in business. FNTN has been investing for the last two years and now revenues should grow exponentially from Q to Q as per MM.

Radim



To: ilh1 who wrote (8266)11/23/1998 6:46:00 PM
From: DayTraderKidd  Respond to of 15313
 
Prosperouse, If I am not mistaking, MS has thrown this off for a quarter or two.

Peaceful



To: ilh1 who wrote (8266)11/23/1998 6:54:00 PM
From: Wally  Read Replies (1) | Respond to of 15313
 
Prosperous: It's been previously established that the 3rd quarter timetable will be off by at least a quarter. I for one reported that fact after my visit a few months ago. Also, we already know that there will be no income of consequence to report through the first two quarters of this year and probably the 3rd as well since they are in (or have just completed) beta testing.
Financials will be important for public communication and confirmation of heretofore claims. Additionally, financials will supply us with current burn rate stats (which was surprisingly low last year). Hopefully FNTN made it through this year with minimum additional financial drain. With the beginning of a revenue stream they may indeed end up functionally profitable by this quarter.
Wally