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Microcap & Penny Stocks : 1st Net Technologies ( FNTT ) -- Ignore unavailable to you. Want to Upgrade?

To: Greg Writer who wrote (153)	3/19/1999 11:05:00 AM
From: Brinks	Read Replies (1) \| Respond to of 1827

High five to you too!! Yaba daba do. Cash Capital and fully diluted shares outstanding??????????????????????????????????????????????????? Simple questions ---SILENCE!!!! NEXT!!!!!!!

To: Greg Writer who wrote (153)	3/19/1999 12:31:00 PM
From: Anaxagoras	Read Replies (1) \| Respond to of 1827

Thanks for your reply, Mr. Writer. <<...we are in the process of becoming a reporting company. But that is why we, like no one else I've seen, voluntarily put our financials on our web site.>> Just to clarify a few things.... As of your most recent balance sheet (unaudited 12/30/98) it looks like you had about $16,000 of cash on the books, but it's not clear to me how much in marketable securities you have under "other current assets". You have listed under "Certificates" a little over $400K- are these cds? I'm also a bit confused by your P&L sheets. Looks like in Q398 you did total revenue of $959,000 and in Q498 you did about $141,000, for a six month total of about $1,100,000. Let's double this for the sake of argument to come up with annualized revenue of $2.2 million. Now, someone earlier on the thread mentioned there are 5.5 million fully diluted shares: techstocks.com Using a stock price of $7 1/2, that gives a market cap of about $41M, which works out to a PSR of almost 19. Does this sound right to you? Anaxagoras