FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.707

-2.0%

Dec 12 9:30 AM EST

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To: MichaelW who wrote (40345)	1/23/1999 4:29:00 PM
From: CAP	of 41046

Michael, I think lots of folks took some profit out on a dreary day in the market. Considering that we are, for the first time, in the position of generating a revenue stream (maybe a river depending on how gushy one wants to be... sorry) selling off at this level would be foolish for other than a quick out and in to capture profit on some of those <$3 shares... and there are a lot of them out there :) Because we have so many cheap shares out there, we will face two steps forward, one step back for some time until we play out all the traders and distill down to investors OR until there are a series of bold successful weeks of appreciation in the stock price. CAP

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