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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 2.220+3.3%Nov 5 3:51 PM EST

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To: Al Krasberg who wrote (39371)11/22/1998 4:02:00 AM
From: William Harvey  Read Replies (1) of 41046
 
Al,

I usually agree with almost everything you say, but let me make an addendum to your comments. ValueSpec's been right all along: This doesn't mean to say that the FTEL bunch 'from the P* days' sold you anything spiritually misleading or harmful. And yet why draw another line in the sand? If ValueSpec has been bashing the stock to drive the price lower, why hasn't he gotten on board for the ride back up? How many times has somebody said they were going to hold him accountable? It's not an original idea. One of the biggest problems of "The Thread" (not necessarily this place) is that scorecards get lost. Mental horizons do not extend indefinitely. I can't believe people so willingly blow up these so-called agendas without realizing that FTEL and FNet have different agendas and Frank could probably 'relieve' us of the burden of FNet for pennies, at any moment. Let's get along.

The Bible says, "Don't set your heart on your wealth, but never say, 'I have enough'." It's hard to believe that, by drawing another line in the sand, you will prove you've had enough. Like the Bible says, there's no good reason to say it. Seems to me like investors have been keeping score mentally because that's the only way it works. Nobody's going to steal your potato. By the same token, emotional tactics don't work for Franklin investors either. One of the worst things you can say about this company is that it will double in one day for no reason. There's no good reason to sell because tomorrow the others will talk about how stupid the sellers were. You've all lost the right to reason about selling. That simplifies things. Simplify things too much and hamburgers eat people. Simplify things too much and you won't have harmony.

WH
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