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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?

To: FJ who wrote (6381)	4/13/1999 3:54:00 PM
From: Wally	Respond to of 52051

FJ: RE: FNTN - The franchise contract is a done deal and on top of the 1.5 million already announced for the year. An additional $350,000 in business last month puts them on a pace to double their projections. As for announcing client names, I agree with your comment about FNTN protecting clients from the barrage, but additionally, I don't expect client names to be shared until FNTN is reporting. A strictly smart business decision. Institutions are already discovering FNTN through Bloomberg terminals. FNTN will get more bang for their PR buck from institutions once they become a reporting company. these significant sales will then be even more significant. The reporting event is a lock - and close at hand. Tonight's chat with Michael Sheppard should be very interesting. As you know, FNTN is in that very sensitive "quiet period" with the SEC and Michael Sheppard always plays it close to the vest, so I think we'll hear no blatant revelations tonight. I'm hoping we can read between the lines. We may see a break-out as early as this week. Formation looks very strong. I bought FNTN this morning below $1.25. I'll buy again when FNTN looks like it wants to close around $1.40-1.50 range. That is my personal call as a sign of an imminent and major break-out in the making. regards, Wally