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


To: Bill France who wrote (22906)12/10/1997 3:33:00 PM
From: Andrew  Read Replies (2) | Respond to of 41046
 
<< With the MM's holding the price down, we may not be at 4 by years end.
Isn't there some way the SEC can thwart these thieves?

The solution is to get the stock off the m----r-f-----g bulletin board!! Pardon my French, but that's the ONLY way IMHO.



To: Bill France who wrote (22906)12/10/1997 3:34:00 PM
From: Snowman  Read Replies (1) | Respond to of 41046
 
I am just glad that we are now a reporting company and do not have to worry about being delisted. Although come to think of it some of us couldn't watch and sweat every time the bid was lowered.



To: Bill France who wrote (22906)12/10/1997 3:46:00 PM
From: Paul Hofmann  Respond to of 41046
 
Hi, Bill,

Here's my solution for you, and all others in your frame of mind.

You say: "With the MM's holding the price down, we may not be at 4 by years end. Isn't there some way the SEC can thwart these thieves? They not only steal, but mess with my mind as well....Looking for a solution...."

Huh?

My solution? HOLD AND FORGET ABOUT IT! Don't forget the tremendous difference between trading and investing; put another way, between short-term frustrations and long-term gains.

Remember when we were up to $10.00 recently? I'll bet when we were at $2.00 few people hoped for such a rapid rise, eh? But it happened, and I'm betting will again. OK?

To all: these price manipulations should only "mess with your mind" if you're in a serious cash crunch and have actually lost mega$$$s. But if not, I'd be MORE upset that I didn't have additional funds to BUY when things seem so "on sale." How I wish! I'm not worried--in truth, I'm bummed that I don't have even more money so I could purchase more cheap shares of Franklin.

Let the MMs play their games; this stuff won't last forever. Again: Remember a year ago? $1.50. Remember early February at $5.81? Remember the slow, steady slide back into the $1s? Remember a few months ago at $10.50?

Finally: bear in mind the end-of-year selloffs that so often occur with OTC stocks. If this stuff bothers you any of you to an inordinate degree, perhaps you shouldn't be investing in BB stocks in the first place. My opinion is that Franklin is one of those relatively rare OTC issues that holds great (meaning: realistic) appreciation long-term. So try and relax...

Just my $.02, and surely nothing personal intended, Bill! We've all had our moments of doubt, I'm sure.

Shalom all



To: Bill France who wrote (22906)12/10/1997 8:08:00 PM
From: taxgun  Respond to of 41046
 
bill-i will be at Ftel next wednesday !
want me to pinch anyone's behind for you ? : ))
main reason for trip is TMM inc, but Ftel just 15minutes away, so
stopping in

jp