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


To: Gary E Stein who wrote (25172)1/15/1998 10:19:00 PM
From: STK1  Read Replies (1) | Respond to of 41046
 
I've read about 175 post here tonight and found most enjoyable.I may offer my opnion in that 159 of them were about valuespec.Don't loose your focus here Gentlemen.Its too time consuming and energy wasting to follow.Besides we want this to be a quality board.Don't put him down ignore him.He's just making you mad and protective.Our stock will do the talking!
One good thing I must say is three very important paradoxes will happen soon to FTEL.One is they will be on the NASDAQ.They will automatically become marginable.Assuning they stay over the 5.00 limit most houses put on marginable securities.Two this will or will not cause a stock to rise.In FTEL's case I'm sure a rise would probably be in order unless the listing is drawn out and the numbers have floundered badly.This does have the effect of pumping the stock up without support.Three the volume of the average trade will increase trice fold and the votality is actually going to go increasingly up till the final bottom comes.With over 12 mil or 17 is it shares we could still see quite a bit.This is of course price votality.
For long termers this is a problem.For Near timers you will of course make money.I hope we have a clean ipo of fnet to follow .This will bring stability to an otherwise votile issue.I hope it comes sooner then later here as Ftel is publically going to have to start showing some good numbers soon and Fnet is their one fairly solid recurring revenue source poised to grow untill Franklin gets more telco business for their channel banks and dvg eq..This is of course my onion for the salad. And Btw Forget about this ATT suit that will be a drain but if a judgement ever gets rendered against Ftel it;ll be years before the final is decided.