FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 3.220

-1.5%

Jan 16 9:30 AM EST

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To: STK1 who wrote (29847)	3/9/1998 10:07:00 PM
From: Secret_Agent_Man	Read Replies (1) of 41046

All is quiet at FTEL, meetings continue into the evening and I wonder what about? As far as nasdaq goes, I think FTEL has more pressing issues ahead and in front of them now, thus the silence/meetings-negotiations? If I've learned one thing it's that we as investors are always the last to know when it comes to deals, contracts and buyouts. I have no idea what is actually being discussed in these meetings or even with whom. Today's QWEST/LCI merger marks the tone of telecommunications to come, that being mergers and consolidation. I would love to see FTEL in some sort of partnership/stake event with one of the biggies as I'm sure all of us would. However, I'm aware that we would be the last to know. As for the issue of today's trading, I agree someone was there to scoop up all the sales at 3-31/32-4.25 some 125K by my estimates and I suspect that an "event" is close on our heels as we did not "tank" but rather the shares were absorbed. Yes, it could have been MHMY, unloading the last of their holdings and it could have been some other investors weakening to the downtrend as we watch other cos. shares appreciate while FTEL remains relatively steady in this range. As for me, I'm holding steadfast until I can get a handle as to what is exactly going on in all these "meetings" both on and off site of the company. I'm buying like today and whenever the opportunity presents and funds are available. I have set aside some cash stricly for accumulating shares as I consolidate my position and await the next piece of information to the puzzle called FTEL. Endeavor to Perservere bg

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