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

To: Gary E Stein who wrote (25289)	1/16/1998 7:36:00 AM
From: Al Krasberg	Read Replies (1) \| Respond to of 41046

Gary- You're right. Raleigh did say that, but he also (several times, I think) advised people to hang onto their shares. I think he reconciled these two positions by saying trading was too complicated for most of the people on the board, or something like that. It's all buried somewhere in 25,000 posts!

To: Gary E Stein who wrote (25289)	1/16/1998 8:42:00 AM
From: topwright	Read Replies (2) \| Respond to of 41046

Gary, that is correct. I hold a core position in Franklin and trade a small percent of what I control. As the company progressed, I traded less and less, to the point now where I will only trade or flip about 10% of my entire position. You stated that the only way to get shut out is if the stock is halted and opens higher on news. Not necessarily true. How many remember the day not to long ago where there was a lot of premarket action amongst the MM's and the stock opened significantly higher? My point is this, with Franklin having dozens of DVG's out for eval, and some with very well known large companies, what type of action would a pre-market or after market news release have on the following day's open? With all the jockeying going on at present as witnessed by the tape action, I'd say the stock is very tight right now without any overhead. If that is the case, we could move rapidily at the drop of a hat, those such as yourself would then find yourselves chasing the stock with limit orders, just missing the fills, and out of frustration end up placing a market order, which in turn would just drive the stock skyward like a rocket. Remember we are entering a new phase, a new stage, and have new participants, so to rely on old tactics, may just prove a fatal error in judgement as we go forward. RB