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


To: Sly_ who wrote (20884)11/8/1997 10:19:00 PM
From: David McCleary  Read Replies (2) | Respond to of 41046
 
Mr. Mauldin, I presume I was one of the people your note was directed towards. Fact of the matter is after reevaluating the chart friday I am still of the opinion that we have a little way's further down to go before making a healthy climb again. My bets are still wagered on the trend being toward $3.50. This opinion is based on fundamental chart analysis which I agree does not always apply to BB stocks, however over the past couple years it's seemed to have applied quite well to FTEL, most recently in predicting the run up from $4 and the drop from $7 to where it is today. You have every right to disagree with this OPINION. To answer your subtle inuendo, I did NOT reinvest a dime friday as you suggested, the reason I haven't posted before now is, if you didn't notice, is that it's the beginning of the weekend! I won't be mentioning anymore chart analysis unless someone asks me about it, the type of rude comments it receives is bringing down the quality of the board, it was intended to do just the opposite.
Happy investing,
Dave