FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.659

+1.4%

Nov 21 9:30 AM EST

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To: William Harvey who wrote (22760)	12/7/1997 11:53:00 PM
From: SoliRA	Read Replies (2) of 41046

So far, with 3 days to go for inputs, the average forecast (consensus) for FTEL's price on 2 Jan 98 is $7.20. Range is from $4.12 to $12.81. For someone who bought at $9 or $10 - and expected the stock to hit $7.20 by the end of this year, it would make sense to hold instead of sell to claim a loss for tax purposes (for most people, anyway). Makes no difference if it's a tax free account. The value of uncertainty/risk of not reaching $7.20 must be weighed also (as well as the chance of far exceeding $7.20. Consensus is, surprisingly, generally a pretty good forecast among weather guessers. It works best when the forecasters work independently before providing their input, so that they can't influence each other. Have a good night everyone, I expect the next couple of weeks to be ... interesting. Bob. Disclaimers - I'm not qualified to provide advice in stocks or taxes.

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