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

To: C Horn who wrote (12734)	6/4/1999 5:24:00 PM
From: DesertRat1	Read Replies (1) \| Respond to of 15313

CH, thanks for that educational post. It was great. I was just reading about a failed IPO in Inc. magazine yesterday by a company who makes/made "strong" PCs that stand up to harsh conditions (heat, cold, motion, etc.) They spent a lot of money on the IPO trying to raise $3 million, and when the time expired on the IPO period, they only had about $600,000. The loss on trying was enough to bankrupt them. About today's letter, one of my favorite parts is: "We currently have four outside salespersons, and plan to grow this department to fifteen outside salespersons by year-end." It indicates to me a level of confidence in a sellable product with growing demand.