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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.554+13.1%Jan 2 9:30 AM EST

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To: David McCleary who wrote (19787)10/28/1997 6:05:00 PM
From: rd greer   of 41046
 
In the past, David, this was a news driven stock price. I disagree that this is the situation now. This ONE service they demonstrated in NYC yesterday to the suits and the business and technological leaders is in a "corporate expense" area which costs them a fortune.

And it works as "not advertised" and as clear as a phone.

You made a good call getting out at $10.

We'll have to see if you're making one by watching it from the sidelines. As one stockplayer has said, "The brokers won't let you buy or sell stocks at last weeks prices."

42 days >= $3.00
21 days >= $5.00
12 days >= $6.00

Looks to me like we're building another consolidation level over the last 12 days.

rd
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