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Microcap & Penny Stocks : DCTC / FTEL / FNET
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To: Dan Duncan who wrote (951)9/19/1996 3:58:00 PM
From: James Parkinson   of 1624
 
Dan:
Maybe a little paranoid, but that's understandable. Either FTEL was a good company or it wasn't before the 17th. You invested in it because you believed it was. Nothing has changed. When Brad and RB read the emotional posts they'll clarify what they said and what people, on edge, thought they meant. FTEL is still a fine company with great potential.
A little while back (8/8/96) Philip Morris Companies was selling for $105 per share. News of a jury award of $750,000.00 caused people to get "a little paranoid" the next day (8/9/96) and the price dropped to $92.00 per share. What investors were saying was, "because a jury awarded a couple $750k the stock is worth $11 billion dollars less the next day. NOT! Philip Morris is still strong and they still are worth what they're worth. I can see the negative implications of the jury award, but $11 billion? This is a business motivated by fear and greed. FTEL is the same company it was yesterday and still worth what it was worth then. Just relax and watch the price go back up when people get a grip on themselves and start to think again. When all else fails, exploit the opportunity when a stock is mispriced, as I believe FTEL was today when it "dropped like a rock."
I for one am grateful for the opportunity to invest in a company with this much potential!

Sincerely,

James
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