FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.730

+7.4%

Dec 26 9:30 AM EST

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To: William Harvey who wrote (39276)	11/17/1998 9:45:00 AM
From: VALUESPEC	Read Replies (4) of 41046

William Harvey, I believe you are wrong about the run-up in FTEL's price prior to the Intrine order announcement not being related to the Intrine announcement itself. Don't stocks often rise before big (& big sounding) news is announced? In valuespec.com, I documented the rise in FTEL's price to the timing of the announcement. The stock climaxed right around the time of the Intrine news. Based on FTEL's history at the time, I questioned the impact and nature of the Intrine order to some scoffing on this thread. As it turned out, I was right in that regard, too. I don't expect this company to ever be profitable, based on its past history. I expect bigger loses this quarter ending December 31, 1998, with lower revenues than the quarter ended September 30, 1998. FTEL: $ .82 VALUESPEC

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