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


To: Jack Sman who wrote (31792)4/6/1998 9:17:00 AM
From: mad dog  Read Replies (1) | Respond to of 41046
 
Thanks to both of you. It seems to me we rode the coattails of the whole IT sector late last week (with the exception of NMSS, which got reamed on Friday due to an earnings warning). Would be nice to see some follow-through this week. Last Thursday's mention in ragingbull.com was a little more positive than the last one - can't hurt.

It will be interesting to see how the Internet regulation issue plays out on the Hill. Will the powers of the telco lobby win out over the cries of the masses for cheaper LD alternatives? Does Congress dare impose regulations on the 'Net now, keeping in mind that we have mid-terms elections this fall (eg. political suicide)? Stay tuned...One issue raised by an earlier poster was the universal service fund, and would the IT providers skirt contributing to it; being an ex-Ameritech employee, I know for a fact that this will be a big issue with the Baby Bells.

Enough babbling - let the games begin. Mark



To: Jack Sman who wrote (31792)4/6/1998 9:23:00 AM
From: X Y Zebra  Read Replies (1) | Respond to of 41046
 
Watch it Mr. Sman,

Yes +DMI crossed over -DMI on Friday, but ADX weakened, making the "signal" with need of confirmation. (such an ADX "upturn"

We seem to be getting it with MACD, but then again, as Sir Raleigh says, T/A is only "rear view mirror driving".

All these may mean "Choppy Trading Man" (that's Chinese for "I have now idea where it is going").

But what else are we going to go by, Stealth PR firm dealings on a bb stock?

As for buying one dollar ago, good idea now that it is up, but had it gone the other way, then we would have said, oh! bother! we should have waited!

So buy, sell, hold. ?

Sure what the hell it is only Uncle Gonzo's Money....!

The above, only my opinion of course, you people do whatever you want.

Voodoo trading.

Z.