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

To: Offworld who wrote (10981)	2/12/1999 6:42:00 PM
From: Wally	Read Replies (1) \| Respond to of 15313

Douglas: Sometimes stocks move on no news. Buying (and selling) can and do occur in a PR vacuum. News never comes when we want it - only when it's too late to do anything about it. FNTN's management does not manufacture news stories - to their credit. IMO, part of the reason that they don't manufacture news is that they don't have the time nor the manpower to churn it out. Frankly, that's just fine too - as long as they find the time to share it when it's real. For the stock to have moved from the .50s to 1.75 on no news is an example of what 7:1 buying over selling can do all by itself. Now, FNTN is sitting at 1.25 and the potential of hard news before April is extremely high. Last year, FNTN went from the .50s to 2.25 in days - and on hot air alone. At that time, they were still nearly a year away from doing business. How high could FNTN go from this 1.25 plateau once they announce revenues, reporting status, joint marketing with Siemens in the US and Europe, a high-volume internet site and the potential of additional vertical markets for their product? My assumption is that the stock is not going to have a great deal of difficulty retracing to 2.25.. and beyond. As for your not being in the stock if it were not for Siemens.. whatever turns you on. Personally, I was invested in FNTN before I knew about the Siemens relationship. The fact that Siemens is intent on making FNTN "a showcase" just makes it sweeter. Good luck to us all, Wally