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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.682-13.8%Dec 30 3:59 PM EST

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To: Hairy who wrote (12944)7/3/1997 12:08:00 PM
From: topwright   of 41046
 
JACK, seems our thought patterns run in unison. I have been having a hay day trading stocks, always investing with the quick flip in mind to keep the cash freed up for FTEL.

My feeling has been about the same, buy on dip under $2, or once it clears 2.75 on volume to the upside. I think now the 50 day MA is at 2.81 and the 100 day is punching 3.50. The MM's seem to be playing it close to the vest, but lately seem to be hesitant to drop it as witnessed at the 2.25 this morning.

BTW, just got off the phone with Helen, she said that Lee Bush was in to visit, so we may be getting a report from his visit soon. I plan on being out in CA next week for a little R&R, plus a visit to Franklin, so it will be interesting to see how my views coincide with Lee's.

Everyone have a great 4th,

rb
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