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

To: detroit denny who wrote (31627)	4/2/1998 8:47:00 PM
From: Neil Wicker	Respond to of 41046

For the Linux Challenged techweb.com

To: detroit denny who wrote (31627)	4/2/1998 8:51:00 PM
From: songw	Read Replies (2) \| Respond to of 41046

A heads up for my FTEL buddies; the mms have been pushing the bid on ETEL; setting up for a squeeze. The float is just 1.5M Here's todays Dow Jones story; E-Net Surge On Magazine Articles Continues, Stk Up 14%>ETEL By Shawn Young NEW YORK (Dow Jones)--Two articles in trade magazines sent the stock of E-Net Inc. (ETEL) up 14.1% Thursday on top of a 23.1% gain Wednesday. The Germantown, Md., company sells technology that sends phone conversations over private data networks and the public Internet. In LAN Times' test of the company's products against those of competitor Vocaltec Communications Ltd. (VOCLF), E-Net won. Communications News also featured the company in a cover story. "Vocaltec for the longest time has been held up as the industry leader," E-Net Chief Executive Rob Veschi told Dow Jones. E-Net's superior review "was something that took people by a storm." The two reports bumped the stock from a closing price of 6 1/2 Tuesday to 9 1/8 earlier Thursday. Thursday's price was up 1 1/8, or 14.1%, over Wednesday's close of 8. Nasdaq volume was 284,100, compared with a daily average of 37,200. Data networks, including the public Internet, are expected to carry an increasing amount of voice traffic as the technology to send conversations improves and becomes more easily available. Analyst Vik Grover, who follows E-Net for Kaufman Bros. in New York, said he thinks the stock will explode. "This is a monster stock," he said."They're going to be one of the big dogs and they're under the radar of the Street," Grover added. He said the shares could fairly reach into the high teens or low 20s. Veschi said E-Net has closed as much business and brought in as much revenue in the past month as it did in the previous three quarters combined. "The technology is beating the competition head-to-head.