FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 1.300

-13.9%

Nov 7 9:30 AM EST

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To: David D. who wrote (32814)	4/25/1998 9:54:00 PM
From: STK1	Read Replies (1) of 41046

well then what is is it????????????David???Meyerson sold over a million shares sometimes in lots of 300,000 to 400000 a day for several days.That much down volume does not do do anything to bolster upward price trends.When it comes to the dead heap david as in horse race car race ect the most scared the most fearful and the most experienced come out of the closets.You have not seen big buying yet uou have not seen selling yet.The real wimps are going out this week probably 3 days ahead of FTELs announcement.If we see anything below 2 i got a buy order in for 50 thousand shares.Likely fill between 1.65 and 2 if it gets down there but I have my doubts that it will.Its kinda like the tower of terror at the top you have a long way to fall,at the bottom you feel relieved its over till you get jerked up again. The other reason then meyerson's action is likely only scared investores or smarter ones they think who can get lower.It will jump one day probably 5 or 6 points like the other spikes and the next and the next.Then we will see what FTEL is all about.Till Then.Charles

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