SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.719-12.2%3:46 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: VALUESPEC who wrote (25430)1/19/1998 3:38:00 PM
From: jim bowman  Read Replies (3) of 41046
 
MR. VALUESPEC

Unfortunately, posters can swoop in on a forum like FTEL's, say virtually anything in their posts, and then have unsuspecting readers view them and treat the information as legitimate. New readers, brokers, even analysts may not scrutinize the veracity of the information, just witness the turmoil and wrongly conclude that the stock is isn't a good risk. While that might not be a big deal to the poster sitting anonymously at his keyboard, poorly researched or ill-conceived posts can still cause damage to the investor (see recently posted article from the investment community).

As a non-stakeholder, you are offering negative, unbalanced views (some would say bashing) of FTEL at the potential expense of real investors who have done exhaustive DD and have chosen to invest money. You and others like you just might be digging yourselves into a hole with some your posted comments.

Consider this: A time and place in the future when an appellate court rules against an irresponsible poster to stock forums similar to FTEL's. At that point, case law will be established that will help define your accountability for everything you have already posted. And while you might be laughing this off, your posts are recorded and if they can later be shown to have depressed the stock price through inaccurate posting, half truths or in a manner that otherwise unfairly damages the reputation of the company -- in a way that makes ME lose money -- I'm going to want someone (you) to pay me for that. And, while I don't purport to speak for others on this thread, there may be others of like mind.

This might apply even if the long term stock price goes up if it can be empirically demonstrated that these types of comments have even temporarily CONTRIBUTED to depressing the stock price and have in some unforeseen way, tangible way adversely affected investors.

Your point about big companies not wanting to buy from FTEL because of concerns about "bankruptcy" is a case in point. If you really studied this new, exploding industry you'd know this extreme outcome is not probable with a company that has proprietary, high quality products that are otherwise rated highly and valued in the market.

If a number of big companies wanted to order product from FTEL, and the only thing standing in the way was fear of FTEL's solvency, you can bet that a bigger, more solvent company would be happy to step up and buy out, fund or partner with FTEL to make orders happen -- like WCOM? To throw terms around like "bankrupt" is inflammatory and might scare away would-be investors which, in turn, may affect this investment for many in some adverse, tangible way.

So anyway, there's my $0.02. Post whatever you want to be held accountable for and never have to say you're sorry.

Regards,
Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext