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.

Strategies & Market Trends : Charts With An Attitude; Trading In & Out -- Ignore unavailable to you. Want to Upgrade?

To: RADAR ))) who wrote (3833)	11/19/1997 12:08:00 AM
From: RADAR )))	Read Replies (2) \| Respond to of 4701

Jim Strauss: I know you know what everyone knows about RECY - but I thought you might enjoy seeing the writeup it got at this web site -> rcgstockinfo.com Enjoy, RADAR

To: RADAR ))) who wrote (3833)	11/19/1997 7:14:00 AM
From: Linda Kaplan	Read Replies (1) \| Respond to of 4701

In, We haven't heard you talking about Rally for hours. What does this mean? Linda

To: RADAR ))) who wrote (3833)	11/19/1997 3:14:00 PM
From: RADAR )))	Read Replies (1) \| Respond to of 4701

RADAR: FTEL Several days ago I posted that I thought FTEL was a stock to be considered based on its S1 approval by the SEC, and on the great products that the company has to offer. Today, FTEL is down considerably with the lows hitting 4 3/8, a drop of almost 3/4 point since I made my post. I spent a considerable amount of time at the FTEL thread to try and figure out why the drop today with no news out there (and no news apparently forthcoming). The atmosphere on the thread seems to be frustration on the lack of news releases since the company came out of it's quiet period surrounding the S1 registration. The MM's seem to be dropping the price to shake it out given the general impatience of the FTEL thread (yes the MM's do read these threads and take action on the price of their stocks based on what they read IMHO). My fear is that the stock has dropped below a support level in the 5 1/4 area and the next solid support doesn't come up until around 3 3/4. Again, I think the company is a solid company with great products. But the next earnings statement is not suppose to carry all of the great news from the increased sales, and the best news appears to be coming out early next year rather than sooner. I beleive that buying FTEL at its current levels will be cheap by the end of next year, and certainly buying FTEL between 4 and 5 a share is very cheap for what the price will become when it takes off. Remember that this stock was over 10 a share just a little over a month ago. I will accumulate FTEL at the current prices and continue to hold FTEL for the intermediate future. I see the current MM activity to lower the price as a shake out and an excellent buying opportunity for those who have the patience to hold on for six months to a year for excellent returns. MOO RADAR