FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.623

-3.1%

Dec 22 3:59 PM EST

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To: SoliRA who wrote (21048)	11/11/1997 2:23:00 PM
From: P.F.	Read Replies (1) of 41046

Hey Dave of the $3.50 forcast-a question, A better person would not do this but I am; so draw your own conclusions-I just got off the phone with an old college buddy who currently is an analyst for Morgan Stanley in NYC. His wife is coming to visit in our area, can she stay with us? .....you get the idea. Anyhow we started talking stocks and I mentioned ftel. After telling him a bit, I happened to mention your T/A and conclusion concerning a $3.50 price. After a bit of silence he asked something like, "you mean you own a security that has gone from under $2.00 ps to over $10.00 ps back down to under $5.00 ps and is now just over $5.00ps on massive swings in trading volume in under 3 months and it's a bb stock. I meekly answered "yes". He then said, " do you mean that someone is alleging to have used TA of some sort and feel they are able to predict future price action with any degree of accuracy. Once again I meekly muttered "I guess so". He then asked me "Is this person solvent?" Dave I didn't have an answer, are you?

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