Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Albert Martin who wrote (21140)	11/13/1997 8:40:00 AM
From: Secret_Agent_Man	Read Replies (2) \| Respond to of 41046

Albert, It is a deadly game you'll be playing if you try to trade FTEL and if you like the company what sense does it make in the long run it can be so easy for you to get caught out of this stock when "news" hits that propells this stock into the stratosphere. As for the "guy" that has "successfully traded FTEL" be wary of what you read! bg

To: Albert Martin who wrote (21140)	11/13/1997 8:56:00 AM
From: Seth L.	Read Replies (1) \| Respond to of 41046

Albert trading BBs is hard, I am terrible at it. I know however if you have a large position in the stock sitting and waiting for the long run results there is no reason in the world why you shouldn't allocate a small portion to work this market with. I dont do it because if I buy with the intention to sell it always in the short term goes down.gggg By the way that is not a dumb question, their are plenty of people that trade pennies and do well. I know however that this stock may look like a BB and act like BB but if you have done your DD you know that the clock is ticking before this stock does what we all think its going to do. Off Topic Thanks to all the E-Mails I'm getting from lurkers and regulars. I really didnt expect that at all. Also thanks Byron and Ray Seth

To: Albert Martin who wrote (21140)	11/13/1997 9:16:00 AM
From: William Harvey	Read Replies (1) \| Respond to of 41046

Albert, This might not be the best time to trade FTEL for the simple reason that the SEC will post the S1 acceptance between 8am and 6pm and later. The market's open just a fraction of that. It's Russian Roulette. Remember the Tempest announcement? I was fortunate enough to buy at 3:40pm on the 16th at 5 11/16. The next morning, here's how it opened: www3.techstocks.com Hardly anyone has made money off that announcement (besides Franklin). Now I don't know what's going to happen when the S1 gets accepted but my guess is, about a million shares will trade over the subsequent two days. I mean if that's what Franklin is waiting for, that's what the asstoot investor is trying to get in ahead of. BTW, they just raised the asked for FTEL at the open. WH