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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.802-7.9%Nov 17 3:58 PM EST

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To: taxgun who wrote (4880)2/11/1997 2:04:00 PM
From: Doug Best   of 41046
 
Joe:

Yes, I am sure that the intestinal fortitude of some individuals has
been tested. It just amazes me that, with so much good news in the
pipeline, that people would be selling today. Profit taking is
always good motivation. But, from my understanding in talking with
Franklin, they have what they consider to be substantially bigger news
than that which has already been released.

I really think that we have a cash machine here. Only those with
patience will get the biggest payoff. I remember a similar situation
that occurred with Ion Laser Technology (ILT). I bought at 2 1/4
saw it go up to about $5....then it starting inching down to 4 3/4
....where I got nervous and sold. A few months later, it was over
$25!

I thinks those that know the company well are, for the most part,
hanging onto their shares.

Still looking for $10 soon!
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