FRANKLIN TELECOM (FCM) Message Board

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Technology Stocks : FRANKLIN TELECOM (FCM)

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To: Charles Broderick who wrote (1555)	8/3/1999 2:45:00 PM
From: Salt'n'Peppa	Read Replies (1) of 2891

Well, FCM is now officially poised for a 50% climb, since I sold my entire position today. FCM stuck it to me for a 37.5% loss...ouch! I can't bear to watch this thing slip week by week, but if it returns to the $.50 level, I'll be back in. Good luck to all you longs. Don't let the bashers demoralize you too much. They certainly had ZERO effect on my decision to sell today. There is money to be made in FCM as a long, but now is not the time, IMO. There are better vehicles to be in for the moment, and I chose the NITE train. A knee-jerk reaction to the day-trader massacre and summer doldrums have caused a huge sell-off in NITE. I'm hoping for at least a 40% recovery to recoup my FCM losses. Regards to all, S&P PS: petard is also French for "fart". LOL!

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