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


To: Mark Jenkins who wrote (34112)5/23/1998 2:01:00 PM
From: kennbill  Read Replies (2) | Respond to of 41046
 
Well for one, if I had sold my FTEL at the SHM for $44,000 and put it into DGIV at .54/share, that investment would be worth $500,000!! Now it is worth $30,000. Silly me.

Good thing I had other $$ to put into DGIV, which will stay in DGIV. My investment in FTEL will also stay put until it matures next year.



To: Mark Jenkins who wrote (34112)5/24/1998 2:43:00 PM
From: topwright  Read Replies (2) | Respond to of 41046
 
Mark, I'd agree with you, I doubt that the referenced statement would constitute bashing, they should only have had to endure what we have gone through to understand the term "bashing".

There is little doubt that a lot of money has gravitated from FTEL to DGIV (as reflected by comparing 90 day charts on each). All of which is justifiable considering the string of news laden events that DGIV has enjoyed, in conjuntion to an orchestrated and unprecedented cheerleading campaign led by the "Surgeon General" himself.

I do not begrudge them nor Byron, rather I am delighted to see anyone do well.

Unfortunately this all took place during a period of "few and far between" announcements coming out of WLV, thus making Franklin susceptable to a transfer or "blood transfusion" (more appropiately put) of capital from FTEL (the donor) to DGIV (the recipient). So be it.

Good for them, bad for us, don't be bitter, congratulate them.

My only regret is that I'm very surprised and saddened to see Byron continue to resort to such underhanded tactics after having already implemented an e-mail campaign to recruit FTEL shareholders. Shame on Byron, in my eyes his conduct is unexcuseable and below the ethics of a person that supposedly proclaims to be a medical doctor. Maybe he misinterpreted that oath he took to have another meaning? Either way, congratulations, I hope he is able to enjoy his proceeds in good conscience and in good health. Good luck, good riddance.

Unfortunately they (DGIV shareholders) will soon realize that the influx of fickle flippers creates a "helium/hot air induced" high of short term money looking for a better parking spot.

Sad to say, but we have already learned that lesson all to well, investors, not flippers are what sustain a stocks overall performance over the course of time. People are quick to point at Franklin's price erosion from higher levels. But as others (investors) have pointed out we are showing sustained returns of 100% per annun over the past few years, not to mention opportunities along the way to roll higher profits back in at lower prices while accumulating even more shares on these pullbacks.

Based on the hypothesis that most people tend to feel comfortable with those things that they are already familiar with, I assume a high percentage reversal of money-flow will find its way back to FTEL from DGIV, once the "helium/hot air" escapes DGIV. Of course there will be funds that have exited both, never to return, finding a home in some new "stock du jour".

In the case of DGIV no bashing was necessary, the "flippers" were most likely aware of the pending volatility in the marketplace the week (May 11) in front of the Fed meeting, and chose the sidelines rather risk their profits.

Having said that, coupled with the comparison of DGIV/FTEL overlaying charts, I patiently waited for conformation from a strong indicator such as the MACD study on DGIV. On 5/11 the crossover was confirmed and therefore DGIV became a high percentage "short candidate". I was hoping that FTEL would show just the opposite "a buy signal" based on a crossover, but that was not the case, at least not as of yet. I remain hopefull that we may see some renewed interest that could trigger such a buy signal, but other "market factors" may be in control at this time.

I find that consistently making money in the markets is being able to adapt to change. No one is going to be right all the time, nor is a trend going to continue forever. It is during these "times of change" where money is lost but opportunities are born.

The trick is to be able to identify and have alternative plans at the ready.

The ability to recognize "a divergence" that indicates the likelihood of forthcoming "change" you will normally be able to limit the losses. The caveat though, is that will only happen if we take the initiative to heed the warning signs. It is unfortunate but for most it normally takes a loss, or some unexpected negative event to draw our attention to it, thus we end up with a all to familiar declaration that we have all used, "I'm stuck in this bad situation". But if you pay attention or better yet prepare for that change, you will profit and most likely be able to reverse any losses you may have suffered.

Therefore it easy to assume that the so called "smart money" remained sidelined this past week, in front of the long holiday weekend and anticipated sector rotation.

Astute companies most likely warehoused a compendium of strategically withheld news to be released upon the "streets return" in hopes of capturing some of this sidelined reserve capital. Therefore, with all probability next week promises to be one of extreme volatility as institutional funds jockey in an attempt to window dress their portfolios in the closing days of the second quarter.

Once the dust settles after the first and second tier stocks have been played, I suspect we shall see the small and micro-cap sector become active, as it remains one of the last bastions of value in an otherwise frothy market.

Hopefully FTEL begins a campaign to inform both their potential customer base, the street and their shareholders during this most opportune time.

Staying the course and viewing the present price in an opportunistic light.

rb