FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.810

-15.2%

3:59 PM EST

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To: CAP who wrote (27785)	2/11/1998 10:32:00 PM
From: STK1	Read Replies (1) of 41046

You know cap,with FTEL so far as i've seen its been pretty much run of the mill speculative otc bb stock up till about the wcom deal.Then FNET became not just a reality but a tremendous oppertunity too accomplish Mr.Peters life long goals to own a major telco company.The quality i understand is surpassed and during this phase of the company its sorta just hanging between getting on NASDAQ and getting on the WORLD.Its funny as tensions grow because of either the advent of great news and deals or because of ununderstood selling or the likes there of the general investor can not differeniate the difference and thus most likely they bail.Thus the advent of the short play on good news and the advent of the long cover to max out a position to further trigger TA incentives to cause a short to come profitable in a shorter period of time.Momentum I suppose is whats not here on the up side though that will change with the first 75,000 or so ticks on the up or we get listed.The greater the news the lower this stock will drop till it is either not being oversold or the confidence of the investor is enough to overcome the nervousness that news good or bad brings to the average investor.since that will never ocurr as the price difference will always be enough to promote huge sales spreads on even more incredible small volumes the tick will trend down till we have earnest new money exceeding 5 to 6 dollars.This would recap FTEL at 135 to 140 million alone Before The ipo and close to 212 million after.I believe a very wise statement was made by ELK that the closer we get to the WCOM backbone the less BACKBONE most people have.If it falls to 3 I'll sell my boat buy some more Right??????

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