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

To: NYBellBoy who wrote (11652)	3/24/1999 6:30:00 PM
From: Wally	Read Replies (1) \| Respond to of 15313

Bellboy: From my understanding (and someone please correct me if I'm wrong) the "Quiet Period" is generally not that restrictive. What most honest companies fear is the appearance of any sort of manipulation that could lead to question marks from the SEC. I see pre-reporting as a probationary period when you've got to keep your company's collective nose cleaner than clean. Even non-paid hypesters and bashers who are out for their own gains can cause problems. For instance, if a stock's price fluctuates greatly, the SEC may question the company, who in turn may legitimately have no idea why the price had a dramatic change. So IMO, a company doesn't necessarily look forward to severe price fluctuations, even if those fluctuations take the price way up. An honest management team may well prefer keeping their own self-imposed "Quiet Period" that extends from IPO to reporting - and in the interim, live in fear and/ or avoidance of any artificial bull from any outside source. Loose lips..... Regards, Wally