FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.707

-2.0%

Dec 12 9:30 AM EST

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To: EdH who wrote (33586)	5/9/1998 10:34:00 AM
From: RJK	of 41046

Ed, Your question about why isn't FTEL's price higher is very difficult to answer with 100% certainty. All of the positive things you mention about FTEL are correct, and are substantiated by independent sources - ie, these are not positive claims made by FTEL, but rather by independent researchers. We are, I believe, experiencing "control" of the stock price by a few professional stock traders that are possibly accumulating the stock. This can be done because FTEL is not yet able to claim rapidly growing revenues and profits. FTEL's claims are very promising, but cannot be viewed with financial ratios that the general market looks for - at this time. Eventually, and hopefully soon, FTEL will announce major news that will result in widespread accumulation that will force the price to much higher levels. All of this is only my opinion and best guess at answering your question.

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