Important info regarding the New Board of Director at FNTN:|
To: Tomato Man (7092 )
From: Jim Porter
Friday, Oct 2 1998 5:01PM ET
Reply #7119 of 7124
Tomato Man and et al: I'm sure all of you have already made the following connection;
nevertheless, I thought I would pass it along anyway.
From the FNTN Press Release (Sept. 29, 1998):
"....Mr. Engelberger is currently serving on the Board of Directors of EDO Corporation
NYSE: EDO (Yahoo Finance):
Profile of EDO (Also click on "Company News" and notice the various
contracts EDO has received):
Guess who else is a Director of EDO!
EDO Insider Trading:
There are several good things about this (IMO):
1. Look at the history of the stock price (high, low, and trends) of EDO from 1988 to
the present. quote.yahoo.com
2. The Insider Trading report shows Michael Hegarty has a history of buying stock
(exercising options in EDO), not selling stock.
3. The statistics of EDO (Last Update: Oct. 1, 1998) look good:
What does all of this mean?
In my opinion, it reaffirms the fact that all of the management at FNTN know what they
are doing. It shows us that some of them have done it before and - they can do it again.
Naturally, this is all simply my opinion and everyone should do their own research and
not rely on information furnished by another FNTN stockholder - such as my self.
Best wishes and good investing (bargin hunting),