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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?

To: David D. who wrote (19786)	10/28/1997 6:12:00 PM
From: Rick	Respond to of 41046

I agree David & Randy - "This news release was pretty much factored into the runup of the past 6 weeks. I also believe that there was speculation of a BIG name strategic partner who purchased the 2.5 Mil $ worth of DVG's. The release of a virtual unknown was a disappointment to the speculative anticipation that was running rampant." I think the stock is probably fairly priced for now until some more news comes out. I think a few down days could take it down to 5.5ish -- but on the other hand - a few up days for the market in general could take it to 7.5ish. This might be a range for awhile.. On the other hand - looking at prices the next day after a Franklin press release via the web site - it always seems to go up a bit the next day....kind of a "filter down" effect... The only thing that I do think is that the long term trend will likely be up based on the technology & all the possibilities for potential partnerships -- whether entreprenurial in nature - or going with more established companies. Lots of possibilities. With the schitzo / skitzo / Schlitzo (no that is a beer) (or however you spell it) nature of the market - I wouldn't doubt it if tomorrow was a 100 point down day to counter the big up of today - ha ha