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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 2.440-7.6%Jan 30 9:30 AM EST
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To: Darrel Orpen who wrote (2146)1/16/1997 8:44:00 PM
From: David Hurd   of 41046
 
To all: who cares about the volume or the late day drop in price.
Even if someone did sell 24,500K of FTEL shares, that doesn't mean he knows somehing that we don't. To many investors 50K is a drop in the bucket. If you want to think about a sell-off, consider the amount of shares that SI members control. I believe that a conservative estimate would be over 1M shares, but maybe over 3M. If todays news was at least the slightest bit negative, than I would belive that the selling at the end of the day would pale in comparision to what actually happened today.

With the audit out and the turnaround underway(legally confirmed), its time to tell your family, friends, and relatives about this little gem that you have discovered. For it is fun to make wealth, but it is greater to create wealth for other close to you.

Dave
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