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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: Robert Mustic who wrote (39936)1/7/1999 10:30:00 AM
From: Seth L.  Read Replies (1) of 41046
 
Hi Bob long time no speak.ggg
You said the followingOne of the first things FTEL needs to do is get on the Dow Jones Newswire. Brokers all over the country have it right in front of them.
Although I agree that the Dow would be a wonderful thing do not assume that as soon as you see 2 or 3 news releases on the dow from a BB company that the brokers are going to talk it up. In the real world if a broker is talking up bbs its for either 2 reasons. #1 is that the firm has invintory of shares that they want pushed out the door or #2 the broker has a position themselves for what ever reason. Could be that they have done dd on the company and feel confident that they will look like a hero to their clients or they could be pumping the shares while dumping the shares.

Now if that same compay is listed and produces 2-3 dow releases the broker better be aware because the worst call they could ever get is from a good client that says what do you know about this company FTEL that plans on IPOing its subsidiary?? And the broker says in his/her most know it all voice errrrrr ummmmmm Who?

Just mu thoughts

Sethy
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