FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.647

-11.6%

Nov 20 3:58 PM EST

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To: detroit denny who wrote (12616)	6/22/1997 5:10:00 AM
From: Dale Jay	of 41046

A strong base seems to have been established at 2.5 if the last two days of trading are indicative. Volume has been surprisingly low. A lot of investors got in at higher prices including probably most of us on this thread which may explain why there isn't a lot of new buying by those most knowledgeable about FTEL's potential. In my opinion now is an opportune time to dollar cost average by adding to one's position. Just a guess, but I wouldn't be surprised to see FTEL double in the near future depending on whether the promised products come through timely. At worst, it should get back above 3 in the next two weeks if there is any significant increase in volume at all.

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