Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JOHN WHITE who wrote (10428)	1/21/1999 5:25:00 PM
From: JSB	Respond to of 15313

I have a feeling that anything inet related that is cheap is going to be played here. FWIW, I figure the increasing margin requirements on inets is going to cause the players to start looking for other things to play. Take a look at USRF today as an example. Regards, JSB

To: JOHN WHITE who wrote (10428)	1/21/1999 5:30:00 PM
From: Bill Fortune III	Respond to of 15313

Hi John. I really do not have any answers to your questions. I would however like to offer these concepts: 1) Investors who have been waiting to get into the stock made a decision to buy now rather then risk the chance of waiting too long; 2) With a number of buys in the middle and upper .80's I would tend to think some believe in FNTN a lot more then others. Who knows, but I enjoyed the whole day. Regards, Bill Fortune III

To: JOHN WHITE who wrote (10428)	1/21/1999 5:38:00 PM
From: jpbp	Respond to of 15313

John, I have my ideas....I have watched now for three weeks....15K here 10K hthere and a few 25K blocks...not to mention the many 2500, 5000 and 7500 blocks we have seen. I think someone has done a damn good job of quietly accumulating a lot of shares in a weak time for shareholders....anyone with vision and guts has been able to swoop in nicely in the midst of the past 30 days and they have done this cleverly, not to make it look obvious, etc. Yes this is just my opinion but I can honestly say I have seen the block buys go off for a while, just NEVER at a point that would cause it to run. I call that SMART MONEY.... AND I ask you now....having heard the rumblimgs from within FNTN headquaters and many hearing of so many possibilities/probabilities....knowing there is PR coming...knowing there is a change coming to web hostings and traffic....knowing that they are getting 98 #'s audited and are on/ahead of plan (the recently revised plan) to be fully reporting by 2 Q 98' at latest...profitable shortly therefater..knowing that Siemens could step to the plate at any time (especially with announced contracts and make this stock swagger in a BIG WAY!!!! I SAY........who is going to sell their shares now....honestly...I won't consider selling until it hits 4 or 5 dollars and then I will still hold a core... I think the float IS just that tight..... and I maybe wrong....I maybe right.....I don't expect it overnight....BUT I do expect a high priced stock far beyond 4-5 dollars in the not too distant future.... Now go ahead and bash me....cause I'll be out of town all day tomorrow and I'll check in later on the weekend. Good to see the stock begin to wake from it's slumber...got a ways to go before I open my eyes. I am thankful and grateful for FNTN management...they are a class act. Good night to all, jpbp

To: JOHN WHITE who wrote (10428)	1/21/1999 7:04:00 PM
From: JOHN WHITE	Read Replies (3) \| Respond to of 15313

Thanks to those so far who have come forth with their ideas concerning who today's buyers might be and their estimate of the trading float availability. I'll put my guess in the pot at this time. As more and more companies seriously consider subscribing to FNTN'S services the more aware certain individuals within these companies become with the possibility of FNTN becoming very successful. After a complete investigation by management some of these companies have chosen to come aboard (via contract with FNTN). Every time FNTN completes a contract with one of these new customers the news of this flows quickly within the ranks from top to bottom creating another pocket of highly interested potential FNTN investors who subsequently move to invest as quickly as possible. If I'm guessing correctly, these new investors will be created in varying degrees with each subsequent new FNTN customer signing for sometime into the future until FNTN becomes more widely recognized in the market place. And yes I think the trading float IS very tight as has been pointed out by others. We should keep in mind that if today's very slightly elevated volume can move the price as it did, then we might expect an atomic blast-off when a really large investor or mutual fund decides to invest someday. Of course all of my above thoughts are unproven theory and should be taken as such. John