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

To: Seth L. who wrote (22598)	12/5/1997 9:26:00 PM
From: SoliRA	Respond to of 41046

Seth, You asked whether I still hold what I bought at a lower price. The answer is YES. Without tax considerations, it would be a no-mind decision to hold a stock you expect to go up eventually. With taxes to pay, though, it made sense to sell unless I expected FTEL to rise 4/9 ths of the amount I "lost" before 30 days is up. For the last shares I bought, that would mean I'd EXPECT FTEL to rise about two dollars to get to get to the break even point by the new year. I'm new at investing - but this is the best this former high school algebra teacher could come up with as a rational approach while keeping my passion and hopes for FTEL's future under control. Bob.