FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 3.545

+1.3%

Jan 9 3:59 PM EST

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To: Alejandro A. Ramos who wrote (12932)	7/3/1997 5:25:00 AM
From: Dale Jay	of 41046

IMO it is just as likely price will go up to 2.5 as down to 2.0. I also expect that there is greater likelihood it will go above 2.5 than below 2.0 once it hits either of those benchmarks. You will note that the volume has been low ever since FTEL appeared to have made a floor at 2.5 a week or so ago which lends support to the above belief that there is a greater liklihood it will move up than down. My prediction is that the next time the volume sustains 100,000 shares/day that FTEL will be trading in a range over 3.0.

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