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

To: TechnoWiz who wrote (12065)	4/23/1999 6:28:00 AM
From: Tomato Man	Read Replies (3) \| Respond to of 15313

Wiz, as always, you are right on the beam. I just read your daily report and am in full agreement. I had the good fortune to be able to make another visit to Ardsley yesterday. BHunt flew into NYC for a business conference and Michael was kind enough to clear a small piece of time for us and so I drove BHunt up to FNTN. We had a great time with Michael and Alan Spar. Since I have had several opportunities to report on my visits, I am not going to say much of anything as the visit was about Brian and not me. Brian will be back home on Saturday and will post his report. We were both suitably impressed and Michael did not dodge any questions and was most up front. Alan quickly started talking over my head, so all I could do was sit there and marvel and what a smart guy we had sitting at the key board. One thing I remember Alan stressing many times about the future of communications was DSL...DSL...DSL! Mention DSL to him and you can see his pulse quicken. Gotta find some reading on DSL. Yes, Wiz, you come to FNTN with a communications problem or idea and they are the masters of the solution. At this point, every question about communications I have asked has only one answer,"No problem, we can do that"! I don't want to say any more, because I would be stealing Brian's thunder. It is my considered opinion, when this train leaves the station, it will be 0 to 60 MPH in about half a second. Best, Tomato Man

To: TechnoWiz who wrote (12065)	4/23/1999 8:32:00 PM
From: Wally	Respond to of 15313

Good Evening Wiz: That was an interesting set of quotes by Intel's Craig Barrett. Companies' computing infrastructure requirements - "a combination of scalability and flexibility, the ability to respond rapidly to needs." This has been the war cry of one Michael Sheppard for sometime now. It is exactly what FNTN has become as an entity - and what they are now offering to their clients as well. Another interesting quote was one from a certain Techno-Wizard who said the following: "There's so much business out there, it boggles the mind." T-Man's and BHunt's first-hand view of FNTN this week was of a company very prepared to go after its share of that business. I will venture a guess in a territory that I normally leave to you - that we will see buying patterns that we haven't witnessed before. Before a tidal wave there is usually a warning. Normal activity ceases as the ocean recedes to great distances from the norm appearing as if to dry up. Shortly thereafter the ocean returns, and it returns with a thousand mile-per-hour vengeance. A wild ride - if you're positioned in the right place. Wally

To: TechnoWiz who wrote (12065)	4/24/1999 10:17:00 AM
From: Bill Fortune III	Respond to of 15313

For anyone who might be interested in TA and charts: Moving Average: (Notice how the buying signals since Nov. have been at higher levels each time. First part of November it was signaled at about $0.65 then in January at about $0.76 and the last one in April at about $0.95, which is still signaling a buy. See also MACD below.) tscn.com Breakout arrows Each technical indicator that has breakouts will have the breakout points hilighted by GREEN (positive breakouts) or red (negative breakouts) arrows. These are the equivalent to buy and sell points, however, see disclaimer below. Simple Moving Average A simple moving average is calculated by totaling the closing prices of a stock over a prescribed period (say, 30 days) and dividing that total by the number of days in the period (i.e., 30). The resulting number is the average. In order for the average to "move", the most recent closing price is added to the previous total and the oldest closing price used in that total is subtracted. The new total is then divided by the number of days of the moving average, and the process repeated. Changes in the upward or downward trend of the stock being measured are identified by the stock price or index crossing over its moving average, rather than a change in direction of the moving average itself. According to the moving average theory, when a stock price moves below its moving average, a change is signaled from a rising to a declining market; when a stock price moves above its moving average, the end of the declining trend is signaled. A disadvantage of the simple moving average approach is that it will allow an extreme high or extreme low to distort the true value of the stock, possibly giving false buy or sell signals or rapid whipsaws. Definition Moving Averages can be used to produce buy and sell signals for stock trading. When a stock crosses the moving average going up it is considered a buy signal, when the moving average crosses the moving average in a down move, a sell signal is given. The moving average is a good trend indicator but frequently produces whipsaws (i.e. as soon as a signal is given the stock immediately reverses direction and gives the opposite signal). The exponential moving average was designed to reduce some of these bad signals since a single day's large price movement affects it less. ALSO, CHECK OUT THE MACD INDICATOR SINCE IT IS AN EXTENSION OF THE MOVING AVERAGE INDICATOR DESIGNED TO PRODUCE FEWER WHIPSAW SIGNALS. MACD: tscn.com Interpretation When the stock moves upward across the moving average value, a buy signal is given. When the stock moves downward across the moving average value, a sell signal is given. Golden Crossing 1 Yr. Chart: quote.yahoo.com Regards, Bill Fortune III