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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.770+8.3%12:53 PM EST
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To: Ray Burke who wrote (26697)2/1/1998 11:44:00 PM
From: STK1  Read Replies (1) of 41046
 
You Know Ray the very most speculative stocks go up the most on the most hype.But they have one thing in common they don't recover after the fall if they aren't up to snuff.The good ones will come back maybe not to the highs but will come back to the multiple they deserve.They are still a good stock usually by then the shasta been shaken out of them and if their no good they die.The problen is sometimes it only takes a few buyers or a few garbage mouths to either pump them up or bring them down.The fact that FTEL will retain a majority interest in FTEL and FNET precludes permannent damage from being made.Although exlax heads will cause a short term impairment to the daily averages it usually has no effect on such holdings as we have here.It helps us all i guess in a morbid sense that we can buy some cheaper but all in all they don't amount to much here.
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