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Microcap & Penny Stocks : DCTC / FTEL / FNET
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To: taxgun who wrote (906)9/18/1996 7:23:00 PM
From: Larry Moon   of 1624
 
Using the "three day" rule. I too was kind of hoping for a quick pop in the price today<G> ... but I felt also that there would need to be time spent by any new potential investors just introduced to the companies involved to analyze and digest the import of the information they just received. It could be too that "heavy hitters" may prefer to wait until an underwriter comes aboard for FNet, a well known one at that, before making a substantial investment. I'd be more inclined to expect increased activity later this week or next week. Impatience could cost those who close out their positions prematurely. Btw, there was an interesting article on Business Wire today under GridNet ( a wholly-owned subsidiary of WorldComm ) that decribes the complexity and synergies involved in putting together an internet/intranet service, FTEL did get a mention, they're running in pretty good company as I see it.

Moon
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