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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.682-13.8%3:59 PM EST

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To: Bill France who wrote (39310)11/14/1998 4:16:00 AM
From: BuzzVA  Read Replies (2) of 41046
 
Bill, please sell and move on then. Thanks.

All,
Today taught me a valuable lesson. I've been holding another dog of a stock, NTST, for quite a while. Bought in the mid $1s. Stock sank to pennies. Reverse split 1-for-3. Kiss of death, right? Well, normally I would sell any stock that was rev. splitting. I said to myself, "What the fu--, I'll keep it since it's so cheap now." Well, post split it inched it's way back to around $1.25 until today. Today it went up $2.06 to close at $3.25!!! Don't know how or why at this point (haven't read the 10-Q yet). But if it can happen to NTST in an industry that's hurting (Managed physician) it can sure as hell happen to FTEL in an exploding nextgen field. Worth the risk to me. I hope others will give FTEL some more time. FWIW.
-Buzz
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