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


To: Radim Parchansky who wrote (10009)1/9/1999 12:14:00 PM
From: James P Anderson  Read Replies (1) | Respond to of 15313
 
Radim:

If I know anything at all after nearly thirty years of investment experience -I am convinced that MANAGEMENT is the most important factor in a corporation. I have heard what I consider unjustified complaints against Michael and staff but nothing wrong with character. Evidently, they are honest, hard-working people with great vision and motivation. The most important factor in any investment is the management. If you can't trust them its better to move on.

Another thing about investing money that I have learned is that you had better keep your emotions under control. We all know about fear and greed. Both are tyrants that we don't need controlling our lives. They will ruin you. Sure I wish that I had been born a good trader, but I am not. For instance: Buy $10,000 worth of FNTN at .25 equals 40,000 shares. Sell on the run-up at $2 equals $80,000. Bot $80,000 on dip at .50 and sell at $1 equals $150,000 profit in one year with investment of only $10,000. I am not that good at picking tops and bottoms so I have to make up my mind to invest in good management with a vision and opportunity. FNTN has that opportunity. I'm gonna be patient and stay with them until their vision fails or they prove untrustworthy.

Hope this helps somebody.

JP