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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 3.080-6.1%Jan 13 3:59 PM EST

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To: Bruce Hoyt who wrote (31005)3/24/1998 11:01:00 PM
From: kgreen  Read Replies (3) of 41046
 
Sory I'm late to the party here (perhaps this is a wake?), but I feel compelled to state my opinion.

I am quite surprised to see FTEL go sub-3. On the other hand, it could be a very bullish sign. It is quite possible the price got marched down as the MM's prepare for good news.

Given my belief that FTEL is a good company, I jumped in and added to my position at 3. I am willing to be the stock will recover quickly.. back to 4 by the end of the week. Why? Because it always does. Check out the chart.

I called the company today. My specific question: have you received a response to your NASDAQ application? I will let you know when I get the answer.

I'd suggest all of you do the same: call the company and ask "what's up"? Let's trade the answers.

Kath
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