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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.659+1.4%Nov 21 9:30 AM EST

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To: William Harvey who wrote (36211)7/16/1998 8:48:00 AM
From: Robert Mustic  Read Replies (1) of 41046
 
Bill, Myerson sold everything immediately. I asked a guy I know there and he told me MONTHS ago that he didn't think FTEL's prospects would be good over the SHORT term.Myerson is in the business of making money. IF they had thought FTEL was going up they would have held. They SOLD... Obviously he was correct. That is not to say that they aren't good over the long term though...

I believe ELK is wrong when he states that "price" will take care of it. The proof (UP TO NOW) is that FTEL is unable to even get it to "Small cap" territory. FTEL has a tremendous FUTURE IF they can stay ahead of the competition. I must say that what has been going on lately is impressive IF you know anything about the company. However, it seems to be falling on deaf ears on the street. ELK simply saying he will continue to buy more and is happy the price is down is a bit
trite...

Bottom line for me is I'm holding EVERY share of FTEL but I do believe Frank and Co. are going to have to "pull out the stops" to get this thing listed before Sept's time certain...IMO, of course<G>

Bob
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