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

To: David W who wrote (11664)	3/25/1999 9:17:00 AM
From: Wally	Read Replies (1) \| Respond to of 15313

David: I will attempt to answer your questions to the best of my ability and limited knowledge. As for FNTN's focal point, the Intranet is their core business - actually, to make things even more confusing, it's more accurately an Extranet. Their initial vertical market are mid-sized (200 broker) brokerage firms - companies that would have a hard time justifying the expense of creating and maintaining their own sites. From my understanding, access to these corporate Intranets would actually be through FNTN's Extranet. The core business will always be hidden from non-subscribers. For stockholders, it's success will be measured in sales. The quantity and mix of product offerings is part of the key to FNTN's success. The myriad of products are all inter-connected - not tangential to the businesses that they cater to. FNTN is not reinventing the car, just building a better one with more features and at an affordable price. As you mentioned, normally, the construction of a corporate Intranet can take a year, or longer. Because so much of FNTN's offering is prefabricated, the time from order to delivery will be about three months or shorter depending on the number of services ordered and the database entry variables from company to company. What we have been able to see on the FNTN Internet site are a growing number of non-pay services that serve both as loss-leaders sales devices to help attract new business and also serve as an additional revenue center. If they draw a high quantity of hits to their Internet site, like others before them, FNTN will reap financial benefits from banner advertising. Early indications suggest that they are getting a healthy increase in hits as new services are added. If these hits go into the millions the FNTN Inernet site will serve as a nice additional revenue stream. You are totally correct in saying that "tangible development (besides a web page) would be nice." Of course, since the web page will serve as a portal to the core business, it has a much higher importance than appearance to non-subscribers would suggest. The question is, are they selling it? The rumor is, yes. Like you, I'm waiting, and hoping for the rumor to become reality. According to RWB via his recent conversation with Siemens' VP Robert Grenier, a joint press release from FNTN and Siemens is ready for release. Hopefully, it will speak volumes as to the seriousness of FNTN's task and it's developmental stage - not to mention the commitment by Siemens to make it happen. I hope some of this info (and speculation) helps. Regards, Wally

To: David W who wrote (11664)	3/26/1999 5:48:00 AM
From: De Peepster	Respond to of 15313

Dear DW, Agree with you tangible results would be nice. MS has long contended that he was concerned about the competition, as he felt there would be a 9 month to one year window. What that window is or even if it even exists anymore is open to interpretation. The markets have shown us time and again that one does not have to invent the wheel in order to profit from a concept. Needless to say the markets need to know of your product first though, lolo. Four more days until end of quarter, we shall see. Have a super day David,,,,AMB,, Barbara