FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.473

-30.7%

Dec 31 3:59 PM EST

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To: Stephen B. Temple who wrote (12930)	7/3/1997 3:57:00 AM
From: William Harvey	of 41046

To All, We may be getting some price support very soon because we've bounced off the down-side trend a couple of times in June. This trend is defined as the line through $.65 on 5/8/96, $1.18 on 12/11/96 and $2 6/2/97. Of course, it's not sacred but if FTEL IPO'd with all the contracts it has in hand at this point, it would be a lot higher than $2¬ anyway. What's really being decided at the market is whether the salespeople at Franklin have more brains than the salespeople at the BB. Who is it that's really selling the company? It doesn't take a lot of brains to drop the bid for no reason so I'd be long on Franklin. FTEL's not what it's going to be but it ain't what it used to be either. WH

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