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Technology Stocks : FRANKLIN TELECOM (FCM)

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To: Seth L. who wrote (1362)7/12/1999 1:54:00 PM
From: Noneyet   of 2891
 
Seth, we are each welcome to our opinion, whether that opinion be wrong or right. However, your remark about neither bull nor bear being a winner, is grossly inaccurate.

The market has agreed with the fcm bear for over three years. Those three years are not meaningless to an investor, as each average of the market has gained much ground during that time. If the overall market had trended sideways and fcm followed that trend, I would agree with you, but that is definitely not the case, as we all know.

When you purchase a stock long, you put your money up for one reason only, that is for share price appreciation. Fcm has not accomplished that task. That is an absolute and indisputable fact. You are therefore wrong in your assessment that neither side has been correct. Up until, and including today, bearish opinions have proved to be accurate.

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