FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 2.220

+3.3%

Nov 5 3:51 PM EST

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To: Pat Garaffa who wrote (40892)	3/7/1999 9:23:00 PM
From: snake	of 41046

Pat...I heard that the spike to $10 was a reaction to a mistake...apparently there was another co with a similar ticker (fnet I think ) that had everyone thinking that it was an FTEL co when it was not...this co had some good news out at that time...and investors boosted the price of FTEL ..when they realised their mistake..investing in the wrong co.. they pulled out the stock and it began to fall..( its been a long time and the issues are foggy)...but it made sense at the time...

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