FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.791

+8.4%

3:59 PM EST

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To: Albert Martin who wrote (21140)	11/13/1997 9:16:00 AM
From: William Harvey	Read Replies (1) of 41046

Albert, This might not be the best time to trade FTEL for the simple reason that the SEC will post the S1 acceptance between 8am and 6pm and later. The market's open just a fraction of that. It's Russian Roulette. Remember the Tempest announcement? I was fortunate enough to buy at 3:40pm on the 16th at 5 11/16. The next morning, here's how it opened: www3.techstocks.com Hardly anyone has made money off that announcement (besides Franklin). Now I don't know what's going to happen when the S1 gets accepted but my guess is, about a million shares will trade over the subsequent two days. I mean if that's what Franklin is waiting for, that's what the asstoot investor is trying to get in ahead of. BTW, they just raised the asked for FTEL at the open. WH

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