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


To: John Bissell who wrote (12049)4/21/1999 3:42:00 PM
From: Bill Fortune III  Read Replies (1) | Respond to of 15313
 
Hi John. As goes the information on the street or anywhere else for that matter, you and I along with everyone else on the thread knows what there is to be known at the moment. I would have to believe that FNTN and its management is in constant meetings with potential clients and the like, but that is just my estimation. John, at this point in time I am well beyond doing any speculation on FNTN or its management. I personally am satisfied with my investment in FNTN and my only plans at the moment is to sit back and wait.

You mentioned that “there are too many good opportunities out there”, and hey, I agree with that completely. FNTN for me is not a short-term investment. I am playing several that are in that short-term arena though. FNTN along with many other investments are in my long-term portfolio.

I for one did not take anything you said as bitching, rather your stating how you feel. That is what this thread is all about.

Sorry I could not be of more help.

Regards,

Bill Fortune III



To: John Bissell who wrote (12049)4/21/1999 4:46:00 PM
From: Wally  Read Replies (1) | Respond to of 15313
 
John: This post is a follow-up to Bill's fine response to your questions.
Short of official announcements, nothing is official, so take what I have to say with a grain of something or other. It's just my best-guess opinion.
FNTN has a self-imposed deadline of the end of the quarter to be a reporting company. If that happens on-time, I believe that all positive hell will break loose.
For one thing, being a reporting company will put them in a much better crowd - still high-risk, but smelling a lot better.
Secondly, I believe that PR is being deliberately held back until FNTN can show up on the institutional radar screens. Coordination of events is critical. In other words, always lead with your jab - then throw the bomb in combination. IMO, that won't happen until they are reporting, so why waste major news if nobody sees it but us slim chickens? Additionally, I don't expect FNTN's stock price to react exclusively to news. We have seen the stock shoot up by 75% (and plummet) on NO news. Historically, FNTN's stock has been driven by pure speculative buying, not just reactionary buying - and that's probably healthy in the long run.
As for holding or selling, your personal timetable may give you just enough time to decide to hang in. Theoretically, the end of June will tell all - but I'm betting that we will begin seeing buying in the issue long before then. Buying patterns already suggest that there has been some accumulation in spurts, sometimes at 5:1 buy-to-sell ratios. I think we will see more within your two-week deadline. Personally, I'm holding even if the stock stays depressed through June because I believe the potential return is worth the wait.
The best of luck with your investment decisions, John - whatever they may be.

Regards,

Wally