FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.730

+7.4%

Dec 26 9:30 AM EST

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To: Jack Sman who wrote (24464)	1/8/1998 11:30:00 AM
From: topwright	Read Replies (2) of 41046

Jack, yes but like water we first have to find our own level. That's what makes it so hard, it's where ever the MM's see an equalibrium of buyers and sellers. What has to be taken into account is unknown pressure any new money coming in may put on the stock. Remember the 3 day rule that I am always referring to. The institutions and analysts, plus deep pockets that are invested in WCOM see this little blip on their radar screen, start doing some due dilly and whamo they show up a few days later and start chewing. I think that next week I'd have a better feel for where we might level off and base. RB

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