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


To: vic klimpl who wrote (26482)1/30/1998 4:03:00 PM
From: Paul Hofmann  Respond to of 41046
 
Yeah vic, I agree with you, and I've been thinking for some time that many institutions are holding onto their shares bought in the $5-$10 range during the latter part of last year. Even given some end-of-year (1997) tax selling, there must be a substantial number of shares held by institutional concerns.

What I'm really looking forward to is the day (coming soon?) when certain (most?) institutions that are still unable (prohibited) to consider FTEL due to its current price, or--more common, I'm sure--its trading on the OTC:BB, WILL be able to, due to a Nasdaq listing...then positive price movement (no doubt helped along by a rash of new buying by these same institutions).

Sorry for the long run-on sentence all!

Again, my thanks vic, RB, and the rest of the long-termers.

Volume almost 110k; price up to $5 1/8. A nice day!