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

To: elk who wrote (34227)	5/28/1998 10:05:00 AM
From: Brett S.	Read Replies (1) \| Respond to of 41046

Elk, One thing for sure... I have learned more by following this stock than any other! How long do you think before they let it run and why?

To: elk who wrote (34227)	5/28/1998 10:05:00 AM
From: vic klimpl	Read Replies (1) \| Respond to of 41046

no question. the mms are shorting it like crazy and probably for someone else.

To: elk who wrote (34227)	5/28/1998 10:06:00 AM
From: pld	Read Replies (1) \| Respond to of 41046

would somebody please explain what the " 5x5 " means on these trading logs. I told you I was new to this. thanks

To: elk who wrote (34227)	5/28/1998 10:32:00 AM
From: jim bowman	Read Replies (4) \| Respond to of 41046

I think they are playing some games and setting everyone up to think that they are totally unpredictable at very little current cost so that when the real action (volume) starts people will tend to pull the trigger out of fear rather than with a level head. The last thing the MMs want is for people to hold on to their stocks when this thing starts trending upward. They will want to be able to shake people out along the way. There are probably a lot of people who have invested in FTEL at $5-9 who will just want to get their money out, which is fine if that makes them happy. If FTEL starts getting consistent press releases announcing sales and increasing revenues, flipping this stock for $10 or even $15 may be a move to regret...but then I didn't sell at $10 either, which now seems like a bad move. Right now I'd just like to get all of my shares under the long term capital gain tax cap before I have to think about selling.