FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.647

-11.6%

3:58 PM EST

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To: Stephen B. Temple who wrote (23712)	12/28/1997 8:50:00 PM
From: Citidude	Read Replies (3) of 41046

Question, I have heard both senarios as of late here on the board: 1. Sometimes the NASDAQ doesn't place as heavy a burden on a company whose stock price is below $5.00 as long as all the other requirements fall in line for potential listing. 2. Yet I remember some 1 - 200 posts back we now will be waiting to rise above $5.00 after the 1st and hopefully maintain a $5+ price. Question 1: If FTEL does indeed meet all the other requirements, will we still have to rise above $5 for a sustained period to be listed? Question 2: Assuming we will have to wait for the price to rise, what is to stop the MM's from keeping it from $5+ since it is most likely in their best interest to keep us from going to the NASDAQ? Could anyone please clear this up for me? Thanks. Chris

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