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Technology Stocks : FNCM Finet.Com -- Ignore unavailable to you. Want to Upgrade?


To: Mark Peterson CPA who wrote (985)4/21/1999 7:27:00 AM
From: David N. Jones  Respond to of 2420
 
Mark,
I am a little confused with your post.
"When you're a small company (less than $50M in revenues) and are planning an IPO, substantially all forward momentum in your core business comes to a halt."
Are you saying FNHC is planning an IPO? I thought ELOAN was the upcoming IPO that this thread is in a tiz about.
Are you suggesting that the level of volume and price movement of FNHC is all related to a good smoke and mirrors act? If yes then there will be a few red-faced analysts who have recently initiated coverage and price targets (they may well be). This thread is no orphan when it comes to rumor or exuberance by individuals but I find it hard to believe that a few excited posters could cause the recent price movement. I wont even pretend to understand the fundamental story with FNHC but while ever the technicals are sound I will take the profit and be grateful.
Regards
David