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

To: dharampal luthra who wrote (9960)	1/7/1999 10:07:00 PM
From: don roberson	Read Replies (1) \| Respond to of 15313

Looks like DBCC is blasting off. (EOM)

To: dharampal luthra who wrote (9960)	1/8/1999 8:56:00 AM
From: Michael Baron	Read Replies (2) \| Respond to of 15313

Hi Harry! Greetings from the sunny Caribbee to the soggy Seattle area... In the absence of anything of import, and not being able to stop wondering, some left-field speculation : SWAG #1. FNTN buys listed co., makes it to market with some dilution of share value, but gains presence and assets. At current price FNTN has market cap of 15 mil, who knows how much cash, probably not enough to buy something big or with existing market penetration to help FNTN enough. SWAG #2. Some listed co. buys FNTN, re-aligns their business plan to FNTN model (plus synergy), and keeps MS and co. as spearheads for new venture (new for acquiring co.). Some dilution due to merger or share trade. SWAG #3. Siemens, which announced the major beefing-up of its "war chest" this am, in prep for acquisitions, gobbles up FNTN. Trading at ±72 lately, the transaction gives us 1 share of Siemens AG for each 120 shares of FNTN. MS and co. run this section. SWAG #4. Siemens AG buys something humongous, rolls FNTN into the deal because of synergy, and MS and co. maintain some role in the venture. In fact, Siemens may look for an acquisition target based on its positive analysis of the FNTN model, realizing that to be a player in the emerging INTRAnet market, size IS important. SWAG #5. None of the above occur, despite assurances from MS that reporting (and listing) are very near-term. We flail around the $1 mark for the next 6 - 18 months, treated like mushrooms, and eventually creep higher on minimal performance to make our break-even points and exit. Which do you like? It is pretty evident to me that a reverse split to get to the NASDAQ minimum share price of $4 (?) is not a good option, with the divisor at 6.66. That would take the share count down to 3.75 million (at 25 million) or 7.5 million at 50% dilution of existing share value (if 25 mil added shares are issued per SH meeting). Reverses are a poor solution, as Radim and others have told us. Just couldn't stop the brain from speculating. Sorry if I bored anyone... All the best, M.