DCIC/FTEL/FNET Message Board

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Microcap & Penny Stocks : DCIC/FTEL/FNET

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To: Grupo Brad who wrote (176)	8/6/1996 1:33:00 PM
From: Chris Bommarito	of 405

To all: I just wanted to thank you all for probably the most productive group of threads that I have read. Special thanks to Brad for such impeccable information. Now let me tell you my experience w/ FTEL and what I have done w/ my stock. About a year or so ago I was relatively new to equity trading and had just sold a stock after a quich runup. I had a bundle of cash and had not researched anything else to put the money into. I read a thread on FTEL and their Hurricane cards, and aside from asking a friend who was going to a trade show to check it out, basically (for the first and last time) leaped before I looked. I purchased a chunk of FTEL at $1.78. I proceded to watch it go from the $2.00 range to $1.00 to $0.75 and quickly at the end of the year as people were cutting their losses before the end of the year, to $0.40. All my other investments were doing great, FTEL was the dog of my portfolio. There have been a few spikes since then and now WOW! I have been in a great mood all week and although I havent seen the great $ gain as those of you who got in a much lower prices I am just pleased to be in the black. I sold my FTEL this morning at $2 3/8. I wish the best for all of you and I hope that FTEL/DCIC goes to $40 each but I just dont see it. These are my thoughts: 1. I don't think FTEL can sell anything. They have superior hardware products, but very few sales. 2. I don't think the IPO price will be anywhere near $14.00. The two companies and their technologies put together IMHO aren't worth $10. 3. I liken this whole runup to a great house of cards. I see a lot of people itching to take a profit. At the first sign of bad news, such as lousy earnings, a great selloff could occur and the last people out will be left holding the bag. Again, I hope that I am wrong, and I don't begrudge any of you. I am not shorting the stock now (I enjoy the house that I live in and wan't to keep it.) I'm just glad to get this stock off my hands. And if you wouldn't mind, Brad add me to your mailing list. Chris (mullinsv@pilot.msu.edu)

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