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Technology Stocks : FRANKLIN TELECOM (FCM)

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To: techtonicbull who wrote (2792)9/5/2000 11:53:56 PM
From: SharewatcherFromIreland  Read Replies (1) of 2891
 
So, the guy is right!!!
When was the last time you investd in a Blue Chip
and the next time you looked even that had lost money???
Risk?
Tell me all about it!!!!
BUT..............................
There's been a shareholder revolt......
and unlike most, this one has gone a long way.....
company doctors have been at this one for six or more
months now, and they've been backed by BIG MONEY, and
it's coming to a head........
I forecast that the two technologies, of IP products
and IP service are very attractive to someone, and that
someone is going to gain control....yesterday was no
ordinary volume....that was big money talking....
will it survive as it is....I dont think so....but
there's not that many shares out there, and $5 and a
shoot load of big orders, and a strategic alliance...
(Lucent???)
will see off any opposition and turn things around so
that it can be sold, in whatever way they choose!!!
As risky a risk as you'll find, but what a play!!!
If the same volume happens today, when volumes always pick up 2 days after Labour Day, you may say the risk
was worth it........the daytraders have spotted it also
and they will be in big time today as well.....so
if you have a flutter....dont forget to sell!!!
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