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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 2.420-6.2%Nov 3 3:58 PM EST

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To: LowtherAcademy who wrote (32851)4/26/1998 2:06:00 PM
From: VALUESPEC   of 41046
 
Lew, I have no doubt about the market that FTEL is in is a great one. I have NEVER expressed doubts about that. I have, however, pointed out FTEL's past, which was yesterday's future. The track record of this company, in my opinion, is not acceptable to make FTEL an investment (though any stock can make a good trade).

Regarding the stock price, I really didn't predict FTEL's stock price, except from time to time on a short-term technical basis (like last week). I have said, and I will continue to say, that I don't expect the storm of revenues that many USED to predict to come by June 30, 1998, which should have been plenty of time for the sales to start "rolling in".

Any stock can jump up on "hope". However, I don't expect FTEL to keep up on an actual storm of sales.

I have not been posting on this thread much recently. Some used to blame me for the slide. I assure you, what I post is not driving this stock downward. It is what some are doing behind the scenes, IMO.

Again, for the sanity of those who are caught in this terrible fall, I will attempt to keep my posts to a minimum. I'll be looking to more vindication in the future when/if CD goes up.

VALUESPEC
valuespec.com
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