FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.707

-2.0%

Dec 12 3:58 PM EST

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To: CHARLES W. FISHER who wrote (4600)	2/7/1997 4:26:00 PM
From: Brian Murphy	of 41046

Charles, The drawbacks to taking possession of your certificates, though include a lengthened turn around time on trades. So if you have a stock that tanks on you(like most story stocks eventually!), you're stuck with a depreciaitng value until you can get the paper to a brokerage house, all the while losing money possibly. Just one of I'm sure many, But a big factor in these little stocks. Imagine if I had gotten into DCTC at 5.00 and then it tanks to 3.90 give or take. If I had taken possession at the time of purchase, I'd have to wait for the stock to get to me, fill out the back, and get it back to the broker before I could get out from that position. Scary! B. (Just using DCTC as an example, it could be any stock...)

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