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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.670-3.5%Dec 24 12:55 PM EST

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To: topwright who wrote (2597)1/24/1997 12:45:00 PM
From: Michael Dickerson   of 41046
 
Just my opinion: I must plead guilty to "trading" this stock in the past. Most of that decision came from seeing the patterns emerging after news releases. I think news releases were painted as being "bigger" than they actually turned out to be, thus the drop in price after the release was exaggerated. This time however, I feel completely different. This release, for me, is a turning point. I think you will see some minor fluctuations in price between after today, until the next release, but I don't think it will be as big a fluctuation as you have seen in the past. If there is anyone on the sidelines waiting for that "decline", you might want to re-think that position!
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