FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 2.080

-4.1%

Feb 10 3:59 PM EST

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To: Steven L who wrote (4652)	2/8/1997 11:42:00 AM
From: topwright	of 41046

Steven, That's an understatement. The power of the shareholders as a cohesive unit is awesome. Usually big run-ups are followed by major weakness. In the case of FTEL we have left the penny stock mentality and have become worthy of being called a Portfolio Stock. Due to tight float, it's a true case of market effeciencies. Supply and demand. If we ain't selling, they ( whoever they are ) have to pay up for it. The real beauty is that it became that way on it's own. Not conspired, we have a smart group that knows what they own, and are not about to get shaken out by forces to be. That's strength, real strength. Coupled with new money and some big hitters expressing interest, the party has just begun. The MM's will try, you can count on that, they aren't through. But now their power to crater is limitied because Cantor-Fitzgerald showed up and is supporting the $5 bid. They now have to wonder who CF is representing and how deep their pockets are. The chart is painting the FLAG Formation and that is also getting noticed. We are unbelievably strong in every manner, shape and form. Hang in there, Maui in 97 is a reality. RB

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