FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.542

+14.7%

11:01 AM EST

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To: Martin P. Smith who wrote (23565)	12/21/1997 10:11:00 PM
From: Street Walker	Read Replies (1) of 41046

$3.50 a share... I'm still waiting to buy FTEL. Many posters were upset with me in my technical belief that it would go to $3.50 around the time they release financials. Don't fall in love with a company at the expense of losing money as it falls. Many investors who purchased at above current levels (up to $10) are pretty upset. I wouldn't be surprised if it continued to fall some more until they have a postive news release attracting daytraders. FTEL has many more financials to release before they establish a credible track record. Institutional investors pay attention to FINANCIALS above all else. Congrats to those who have profited off this stock by trading it, rather than loving it. The only ones who really love it are those who purchased years ago. For those, congrats on picking a good stock. Not many penny stocks pan out as well as FTEL which was once only 3 cents a share. S.W.

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