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


To: Wally who wrote (10014)1/9/1999 5:36:00 PM
From: Radim Parchansky  Read Replies (1) | Respond to of 15313
 
Wally,
re Too many shares: As a small investor I look at the number of shares and the float and prefer less shares for obvious reason - higher share price and possible future split which often results in price increase. I would rather see FNTN not to increase beyond the current count plus shares for M&A.

On another subject - Institutional buying of Internet stocks. AMZN shares owned by Institutions rose from 50% in July to the current 70%, due to "them" realizing how important role Internet plays. We should see this kind of interest to continue and further small investors will be looking for new companies and then give up some shares to the big guys with premium. This means that companies like FNTN need to be discovered first by us, that is on SI, RB... and this starts by significant price increase comparable to other Internet stocks. This occurs via CNBC,... PR's more then by profitability. If this happens soon, we can see 10-20 per share (just look at WCTI). By the way CNBC does not cover BB stocks (am wrong?) meaning it must be with SIEMENS (Michael am right?) or having both at the same time CNBC and SIEMENS and this all in this Q as Michael told me.

Radim