FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.871

-2.1%

Nov 14 9:30 AM EST

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To: Pat Garaffa who wrote (28740)	2/24/1998 11:33:00 AM
From: elk	Read Replies (1) of 41046

Maybe it's just me, but I like seeing light volume this morning. With the heavy volume yesterday it took to move up and the thin volume it was moved down on, let it stay light until the last hour, then let our buyer come back. Here's a thought on who the buyer might be. We have an IPO scheduled to be coming in the next month or two. We have been setting this up with Underwriters for quite some time, at least as far back as the October Demo, and as others who are better informed may be able to shed light on, for a lot longer than that. If I was an Underwriter who was serious about the future of FTEL/FNET, I would be buying like there was no tomorrow, while of course doing ANYTHING possible to keep the price down while I buy. That just me, but I would be interested in hearing other's thoughts on this.

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