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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 3.280-7.5%Jan 12 3:59 PM EST

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To: vic klimpl who wrote (2702)1/24/1997 10:54:00 PM
From: vic klimpl   of 41046
 
My wife just asked me what exchange ftel was traded on. I said under the counter not nasd or nyse. Then I explained the whole deal where brokerages and mutual funds could not recommend purchase etc.etc.etc. It then occurred to me something wonderful. We poor exploited bastards are there first. The big guys cant buy until frank gets full nasd listing. Thats a shame that the establishment will probably have to finally get in at much higher prices. The smart ass mms will make their 1/8 .We will make dollars i cant think of more poetic justice.Peter Lynch in his first book was very very profetic. He said that we small investors had an edge on the big funds because we could buy stuff we understood from our daily experience and buy in quantities not effecting the market. Could you imagine what effect a large fund would have if they now wanted to buy a million shares at the market?The future is simple, the big guys will have to pay whatever price we want if we dont sell the price will be higher. Again higher is in the eyes of the beholder. internet uber allles.
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