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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 2.330-5.1%Feb 3 3:59 PM EST

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To: jan fine who wrote (1782)1/7/1997 4:51:00 PM
From: (Bob) Zumbrunnen   of 41046
 
Thank you, Jan. I was feeling a bit persecuted today, especially in light of finding out that, because of some rules of my broker, I hadn't, in reality, margined some stocks I thought I'd margined, leaving me owing them more money than I have cash to cover. Having to sell some INFR tomorrow, at a profit, but at much less of one than I expected to get later.

Could be a blessing in disguise, though, like my recent sale of SBYT. INFR may end up cheaper again, letting me pick some up, although FTEL is already getting close to my additional buy price, even without the audit coming out. Since I expected my buy price ($1.75) to happen upon release of the audit, and it hasn't happened yet, maybe I should set my sights even lower. <grin>
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