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

To: Angel Medina who wrote (9479)	12/24/1998 10:55:00 PM
From: Wally	Read Replies (2) \| Respond to of 15313

Angel: Big money comes from exponential, ongoing telephony, a large array of custom services and solid client leads. FNTN is offering the bread, butter and dessert tray to any broker/ dealer. As for when it will happen, I believe most followers expect the first two Qs of '99 to be the critical period. FNTN has been in active business for less than a Q now (including Beta time) and have already signed up 1.5 million in business. IMO, they will exceed their own projection for '99. As for share price my answer is two-fold. One - the share price could easily go down another 15 cents - no question. Again IMO, that would only happen in the absence of any news. Major drops have happened before during such blackouts. On the other hand, I believe that FNTN is an extremely undervalued stock at its current levels. So if you believe in the mission, as I do, you try to buy on dips and sit tight. I can't (and nobody should) tell you to spend anymore of your money. Many people, like me have bought from 16 cents up to 2.00 (I bought as low as about .23 and as high as 1.99). If this stock goes to 10 dollars, and I believe it will do just that by the end of '99, buying at .68 or .53 is almost meaningless. But I can't stress it enough that any stock, especially BBs, are major gambles. Many people would argue the top end capability of this stock. I've learned to throw out the book when it comes to valuations, especially in this sector. I've also learned that stocks that enter this sector can reinvent themselves in 24 hours. BAMM was an established, 3 dollar a share multi-store bookseller. They put up an Internet site and spiked to $47 in a few days. So all bets are off. Timing and gut seem to serve as well as charts and history - especially in a sector with such a brief history. Good luck with your investments and Merry Christmas Angel - and don't be afraid to call the company with Qs. They're nice people. Busy - but nice. Wally