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


To: De Peepster who wrote (9287)12/22/1998 1:29:00 PM
From: Wally  Read Replies (1) | Respond to of 15313
 
Barbara: As a couple of posters have said, it is reaction to no news and the lack of a bang 'em up Stockholder's Meeting. Of course, stockholder's meetings are supposed to be affairs containing all the excitement of a changing stoplight. Seldom is anything ever imparted beyond saying "we're on course."
In the case of FNTN, stockholders (me included) tend to expect news at any scheduled or unscheduled turn and we react with panic when things don't go via our personal timetables. I expected nothing to come out of the stockholder's meeting other than getting on with the dry business-at-hand. In fact, I toyed with the idea of selling half of my holdings based on that assumption, but chickened out. A sell-off was almost a certainty in the absence of hard and exciting news. But in my mind, there was too much of a chance that more would be revealed on the date of the meeting, or close to it. So in short, I was right and wrong. A more daring gambler would have (maybe) done differently.
If I sell today I'll get screwed tomorrow. It ALWAYS happens.
So buy on the dips. In the end, as Bill said, current value really doesn't matter since we both firmly believe that FNTN will see $10 dollars someday - and yes, while we're still young - or at least while you're still young.
regards,
Wally