To: Radim Parchansky who wrote (9622 ) 12/30/1998 2:29:00 AM From: TechnoWiz Read Replies (6) | Respond to of 15313
Exactly right Radim: Strange thing...sometimes market bottoms are made by someone bailing big at the very last minute, through undue stress caused by external pressures. The difference yesterday was that someone was willing to take the entire trade in one fell swoop and surprisingly, this showed up as an up-volume buy on my work, (which rarely if ever lies) and therefore indicates some kind of collusion between someone willing to buy some size in exchange for what was probably a limit sale. Today was a fair effort at a volume reversal under the circumstances and netted out at a better than three to one up-volume over down-volume. This kind of action usually precedes a sustained upmove or anticipation of forthcoming press releases, which given that the start of a new year is only a few days away, may very well be expected. I for one cannot understand why the sour grapes on this thread keep nit-picking this company day in day out over the slightest indiscretions and trying to micro-manage them from the Internet, as if they have all the answers. Try running your own show sometime and you might learn a lesson or two in humility. The pessimists spend all day looking through the rear-view mirror, spewing mindless drivel of little or no value with what seems to be a lot of time on their hands. Frankly, they don't deserve to get rewarded for their mean spirited and know-it-all commentary. In any case, with or without the comments on this thread or anywhere else for that matter, I believe this company has more potential to succeed and prosper than most start-ups can hope for at this time. I am also sure that deep down, the shrewdest investors who frequent this space, lurkers and dwellers alike, who believe passionately in the concept, were scooping up all the shares they could get their hands on today. Why? Because they are the optimists who are already looking well ahead, beyond all the real or imagined negatives and reasoning that this stock is currently at potentially very undervalued levels. Since the optimists here are some of the most accomplished investors I have ever encountered, I'd rather bet with them any day, for I believe they'll be well rewarded. Financial Intranet has identified a growing niche in the marketplace and may even be a little ahead of its time. Whilst it may not be getting the respect it deserves as an Internet play, as we continue to learn day after day, that could change in a New York minute. The real reward lies in the coming Intranet mania, which I personally believe is about to unfold with unparalleled force and will be the true "Next Great Growth Wave". There will be so much business created by this explosive new paradigm, that a company such as Financial Intranet with two years of development under its belt, that can offer today, the kind of fully integrated Intranet and communications solutions for tomorrow, that companies of the future will demand, is likely to burst into hyper-growth. They may even end up having high-powered sales people begging to sell their product for them. After all good products that are cutting edge and competitively priced, tend to sell themselves. If I were a broker dealer, I would be calling on them now, to tell me how I can get my company up to speed and ready for the 21st Century. Best Rgds Wiz