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

To: Cindy Cannon who wrote (28030)	2/13/1998 4:28:00 PM
From: Paul Hofmann	Respond to of 41046

Cindy, thanks for the log. All, a nice day today. Up 1/4 on no news--not bad, eh? To our invested pessimists (as opposed to our uninvested naysayers), a comment (take it for what it's worth): Just as these BB stocks can be notorious for going down on no news (witness: on many prior days), so has and does FTEL regularly come back up, even if the timing isn't to everyone's liking. Witness: today. And witness: on so many other days (just go back and look at a chart carefully). My point? I'm holding for the long term because of my continued faith in the management of Franklin to deliver. However, were I a trader, I'd certainly be in love with this stock as well. A win-win for all, IMO.

To: Cindy Cannon who wrote (28030)	2/13/1998 7:17:00 PM
From: William Harvey	Read Replies (1) \| Respond to of 41046

Thanks, Cindy. What a phenominal couple of days. First, look at the last three hours yesterday. We had 56k in 5k+ blocks at the offer in 8 trades (including 3 side by side 10k blocks) vs 17k in 2 trades at the bid. Total trades were 99k at the offer and 22.7k at the bid. This is some real support, but of course that's hindsight. Today we had another lopsided day. 79,600 shares traded at the offer and 14,600 traded at the bid. The average closing price for the month so far is $4.38 which means that come March, the preferred convertibles can be converted into 298k shares for a 20% return on their investment. Nice to see the support. WH