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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 (9547)12/28/1998 8:36:00 PM
From: Radim Parchansky  Read Replies (1) | Respond to of 15313
 
Bill,
As Michael said $1.5 mil worth of contracts is in their pocket. Maturity of investors will control the price for the next few months. Daytraders and investors not able or willing to wait will most likely sell. If what I'm hearing from the company is going to be conformed at the beginning of 99, I'm doubling my position assuming the price will drop further.

Radim



To: Bill Fortune III who wrote (9547)12/28/1998 8:55:00 PM
From: Radim Parchansky  Read Replies (2) | Respond to of 15313
 
Bill,

Also don't forget the timing - first Q - FNTN in business. If Internet stocks will keep going up more cash will flow in. I expect not only cash from the small investors (after Fed tax returns, ...) but also from institutions. YHOO and AMZN are consider for S&P 500 as per CNBC. Financials with all the troubles and delays in '98 is well positioned for '99, again perhaps the year of big guys getting into the Internet stocks.

Somebody mentioned last week that Internet company revenues will top, well on a way to NH last week, I listened to the radio program about how some car manufactures are designing their web sites so customers can order cars via custom design. What about houses, vacations,... just design your own whatever and click on Submit button.

I went from 80% non-Internet portfolio a year ago to 100% today. I still have my trigger on a sell button but have enough profit to risk my money in Internet start-ups.

I hope to finally visit the company soon (or break into Michael's computer whichever comes first - just kidding) and also speak to some of the FNTN customers (isn't this why FNTN does not release their names, so we will not call them?).

Radim