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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 3.025-1.8%Jan 14 3:59 PM EST

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To: Giora Zeevy who wrote (33171)4/29/1998 4:20:00 PM
From: David D.  Read Replies (2) of 41046
 
Yes! I believe that started it. Then it began to snowball from there. All of us are looking for a certain linking of events to occur at FTEL. Should they get Full Nasdaq listing, many brokerage houses that cannot purchase their shares now, could then. Short of making the bottom line black on solid revenues, the "full" Nasdaq listing will be the single most important event "expected" to occur for FTEL. However, a precursor to that event was to be the "updating of the Presidents Message" by yesterday morning. That didn't happen. Therefore, we have to view the "full Nasdaq Listing" to be "unreliable" at this time. That disheartened as many today as were delighted yesterday. Hence,....today's sell off.

IMO
David D.
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