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


To: vic klimpl who wrote (27094)2/5/1998 11:37:00 AM
From: STK1  Respond to of 41046
 
To Vic

I earlier made some money on FTEL as others.I felt comfortable then as I do now although I have some a bit higher.Warrents can and will always get exercised.Particularly when the dow and the techs are up 20% in a week.I made over 6 bucks a share on compact this week alone.
No doubt that money moves in and out during a BULL run.Some peoples idea of falling prices and high volume can only equate about the company in general and usually is as short sighted as I have seen here. Quite naturally since the only experience they have had has been with loosers thats what they bond with.There is no underlying reason to put todays actions of the stock with any thing else then people moving their money around which as I said before is quite natural.There is still 48 billion in liquidity thats cash out there with about 17 bil flowing into the small to mid caps this week.The market is getting broader and later today we'll slow and tomorrow we'll probably see a good sell off.its a shame that people will not respect others investment.Have a Great Day



To: vic klimpl who wrote (27094)2/5/1998 11:52:00 AM
From: VALUESPEC  Read Replies (3) | Respond to of 41046
 
<<think the smart money sold at 6 or 7 or 10.>>

Are you smart money?

Also, it appears the bonus was based on a prior year's salary. That means the CEO only made about $300,000 instead of the $ 400,000 I believed. That still seems high, IMO. Also, why didn't the company pay him in the year he earned it? One recent year the company only had revenues of about $ 400,000.

Anyway, despite the attempts of people like Raleigh, I won't be intimidated off this thread.

VALUESPEC