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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 1.230+0.8%3:59 PM EST

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To: Stephen B. Temple who wrote (22454)12/2/1997 8:43:00 AM
From: William Harvey  Read Replies (1) of 41046
 
All,

Based on the parabolic curve defined by 10/14 ($10.5), 10/29 ($7 7/16), and 11/26 ($5 3/16), by 12/31 we should be at $9 7/8. We've been getting a dropoff followed by a consolidation since late October and each of the dates represents the end of the consolidation and/or the beginning of the dropoff.

Nothing's set in concrete but bridges are set in parabolas. :-)

WH
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