FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 3.550

+1.4%

Jan 9 9:30 AM EST

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To: Jamey who wrote (3040)	1/28/1997 11:16:00 PM
From: (Bob) Zumbrunnen	of 41046

David I certainly don't question you but the source of your information. How in the world can 409 share holders generate this much volumn in this stock? This may've already been answered (just starting to read the last hour's posts <g>), so if it has, hit Next. I said at one point that there were 403 shareholders of record. Someone pointed out to me in email that that figure was too low, even if it was up-to-the-minute, because if 100 people buy a stock "in street name" (did I get that right?) at the same brokerage, it only shows up as one shareholder of record. Add to that the fact that it appears a LOT of people are new to this stock in the past 2 weeks, and I'd expect the number of actual shareholders to be MUCH higher than what's shown at ftel.com.

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