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

To: topwright who wrote (34320)5/31/1998 1:51:00 PM
From: Frank A. Coluccio  Read Replies (2) | Respond to of 41046
 
Raleigh, as always, I enjoyed your analysis and reply to the buyback discussion.

Would you be so kind as to elaborate when you have a moment to spend, on the following? Not sure... no, make that I am sure, that I am not following you here:

>>To think that for $3 you get two potential entities, one of which was just purchased at an avg. price of $4.64 per share by institutional investors. The other at $1.00 per share on PP. $5.64 for under $3.00, not including the potential factor of being involved in what many consider a $2 billion industry by year 2000.<<

TIA, and Regards, Frank Coluccio



To: topwright who wrote (34320)5/31/1998 11:03:00 PM
From: Seth L.  Respond to of 41046
 
hi Sanford! I agree with your very well stated explanation. I do very much appreciate all the regulars and long termers that own Ftel that will be buying more on monday. No offense but I would rather have mucho first time buyers instead. That with deep pocket investors would IMO create a little more upward pressure on the price. This in turn would take the MM shorters to the cleaners. Just call me George Jefferson


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