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Microcap & Penny Stocks : DCTC / FTEL / FNET

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To: Doug Best who wrote (1113)9/24/1996 2:11:00 PM
From: James Parkinson   of 1624
 
Doug:
Simplicity is a beautiful thing isn't it? I have my own take on why the price of FTEL has dropped. It was for one reason and one reason only: So that I could buy more shares for the dollars that I had to invest in this company at present. When the stock is back on top we'll all be amazed at how people start posting that we should just buy the stock and forget about everything else (financials, etc.). When it drops the same people will be posting their disgust and how they were smart enough to sell at a profit while the rest of us went about the business of living our lives.
The company is the same company as it was last week. Frank is the same Frank he was last week. The deals are the same deals they were last week. The only thing that has changed, as you have pointed out, is the people's feelings about those facts and their buying or selling based on those feelings. The stock went down so I could buy.

James
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