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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.809-1.3%Dec 5 9:30 AM EST

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To: Mark Jenkins who wrote (27735)2/11/1998 3:25:00 PM
From: Michael Dickerson  Read Replies (1) of 41046
 
Mark: I HAVE read what they have been doing! Trust me - I am long FTEL and still holding (have more than 10,000 shares and fortunately for me am in at less than $1.50 average). However, they have hardly any sales of any product. They have all these evaluation units out there and no sales (yet) to announce from them. The DVG has gotten great praise, but no dollars from it yet. etc. etc. etc.

This is NOT to suggest that it won't happen. In fact, if I didn't think it would happen I would just take my 400% profit and find something else! But....until we start seeing concrete numbers (i.e. sales) the stock is going to be held back. I don't think it is quite as news-driven as it used to be (or rather, non-number oriented news won't have the same impact as it has in the past).

This isn't a criticism....it is fact. Until it changes (and I have faith that it will) we are going to be held back somewhat.
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