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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.850+4.7%Nov 28 9:30 AM EST

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To: Doug Best who wrote (270)10/28/1996 10:42:00 PM
From: R. John   of 41046
 
You are right that you can only report on what the company tells you. Before I make this statement I would like to say that I am long on Ftel and think the future is bright for this company. Last week we heard that there would be two news releases this week. Now this week we hear that more than likely there will be news. Next week we hear something else. This has been an ongoing act. People who are looking for stocks to invest in see the same thing over and over. They have invested in stocks befor that have continuously promised news releases and they are delayed for this reason and that. In other words there are a lot of companies that say these same things and never produce. I wonder if some of the people who start checkin into these "Penny stocks" don't judge them on things like this. All one has to do is go back through the threads and management that continually promises and doesn't produce when they say they will become pretty obvious. I know things come up sometimes but the excuses begin to scare off many. I hope that FTEL doesn't fall into this catagory in a lot of people's eyes. Like I said I am long and will continue to be, I just want to see what's best for the company.
Ray
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