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


To: don roberson who wrote (9733)1/4/1999 11:30:00 AM
From: Michael Baron  Read Replies (1) | Respond to of 15313
 
Dear don, Per your previous definition, I think what we have here is a 1. Comatose cow that might change into a 2. Frog, which just might turn into a 3. Prince.

Until the last 2 weeks in '98, I was fearful of having to sell some FNTN due to pressing demands on my house construction project. Had some very good trades, though, and was able to hold onto ALL the FNTN I had ever purchased, and readjust my "performance window' out to end of 2nd Q '99.

If the abovementioned transmogrification occurs I see the timeline as follows:

March 31: Announce short list of clients, back up revenue statements made at meeting, better definition of services to general public and sales staff. Possible mutation into Frog state as a result of tax-selling '98 holders coming back in, and new interest. More volatility and pullbacks even if share price doubles to 1.25/base ±.90. Volume not spectacular.

June 31: Actual client list, revenue #'s, marketing plan results in black, ability of internet visitors to understand what it is that FNTN actually does. Better PR, investor relations. Probable mutation into Frog state if it hasn't happened yet. Traders active, more volatility, trading range 1.25 - 1.65/base ±1.18. Steady increase in volume.

Sept 30: More real #'s, credibility, revenues, expansion of services. Credible, timely, relevant PRs; investors better informed. Day-traders active, stock volatile, with range 1.40 - 1.90/base 1.38. Volume up.

If the above timeline is roughly accurate, I would expect the "major move" upward through 2.00, no looking back, to occur in conjunction with announcements of major well-known clients (testimonials, bottom-line costs in line, etc), Siemens big-brother relationship clear and successful, and revenue figures in line with 2 - 5 share valuation. This is looking out as far as Spring/Summer 2000.

Can anyone see a shorter time line, with some rationale? I hope so; I'd like to see FNTN over 2.00 before 2000 (catchy, huh?).

All the best,
M.