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

To: Citidude who wrote (23125)	12/13/1997 1:47:00 PM
From: Al Krasberg	Read Replies (1) \| Respond to of 41046

Bought 5K more at 4-3/8 yesterday in anticipation of a surge starting in 3 weeks. My thinking is multiple positive announcements plus the January effect will produce new highs in about a month. Buying quality BBs and Canadian juniors in mid-December at fire sale prices is a no-brainer.

To: Citidude who wrote (23125)	12/13/1997 2:13:00 PM
From: topwright	Read Replies (2) \| Respond to of 41046

Chris, I never interpreted you post as a knock against Franklin, nor was my response intended to reflect any argumentative tones. Yes, as stated, the examples I gave were not "cast in concrete" but rather an small snapshot of stocks that like Franklin had tremendous momentum going into the November timeframe. That is why I also posted a comparison to broader indices such as the Dow, Nasdaq, and Russell 2000. I certainly realize there are people that bought at higher prices, much higher. That is also my reason for highlighting the stocks that I did, they all were higher, and are all subject to tax selling. See my point? That Franklin has found support in this area is something I judge to be very positive. Higher lows, mean new found support level from which to ascend. You asked, "Do you not agree that with more happening than before we should be higher than we are? No, not when looking at the overall market, that was my point, I feel we are right in line in with the general market trend. A fine example would be HIV (Cel-Sci)- the other day it announces a vaccine for AIDS that resulted in a 78% effectiveness. The stock soars from $7.37 to $9.25 only to fall back to $7.44 close on Friday. Go figure! We're talking about AIDS, a vaccine that is showing promise to effectively prevent AIDS. How strong is that? But like most things, nothing is sticking to the walls, it is all sliding down. Or how about QUST (Questron Technology, Inc.) on 10/28 (day after large correction) they announce reves up almost 200%, and earnings of .18 vs .10, almost a double. The stock moves up from 7.37 to hit 9.75 in the weeks following, to now be at 8.12, below it's 50 day moving average of 8.75. Why? Isn't because of future expectations, they are expected to produce earnings of .68 for 1998. Market conditions? Chris, all I'm saying is that there are reasons that go well beyond a companies own financials or prospects that dictate the price. Right now almost everyone has their butts dragging on the ground. This the time of year the pros are rubbing their greedy little hands together in aniticipation of novices being shaken loose. The best thing to do is become callous to the day to day fluctuations and only concentrate on the underlying companies future prospects. That brings me to the last point. I have no problem with people asking hard and pointed questions. That is what you are supposed to do. If your money is vested or you're thinking about investing, no rock should be left unturned. I have always maintained that Franklin has no ceiling when it comes to potential. The prospects still remain high, more now then ever before. But again, as I've always maintained it is, and remains a speculation, nothing more, nothing less. Therefore to continually research, and evaluate, is the only prudent thing to do. Your level of comfort should be reflected in your monetary committment. Frank has recently said it all, plain and clear when he stated "We are now beginning to realize the potential of 5 years of hard work and planning" That's right, we have come down a long and winding road and now reached the toll booth. It's time for the payback. Either the toll is paid or the gate doesn't open for admittance into the next leg of the journey. We will all know what we own by the end of the first quarter, either the gate is lifted or you better have one hell of set of rear view mirrors. RB