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

To: Jack Sman who wrote (35111)	6/22/1998 1:57:00 PM
From: Martin P. Smith	Read Replies (1) \| Respond to of 41046

Yup , we have been skipping along that bottom ( I hope ) for a while now. EOM

To: Jack Sman who wrote (35111)	6/23/1998 2:52:00 AM
From: Gary R. Owens	Respond to of 41046

Hello rabid cult followers: Message 4969684 To: threadneedler (18926 ) From: Bill Wexler Monday, Jun 22 1998 9:39PM ET Reply # of 18975 <<When you say 'longer term' TAVA will trade below 5, please give us a time frame....and how FAR below 5...3? 1 1/2?>> The problem with these sort of cult stocks is that when they fall below the "margin horizon" of 5 a share, they can bounce around for quite some time before they collapse completely - I think it is mostly due to the true believers coming back for one last round of punishment. The Zitel fraud still trades at 4 and change, even though it should (and will) be a penny stock. Much like CCSI and FTEL, TAVA has rabid cult followers who will continue to "average down" and toss the stock around before they give up. TAVA will trade below 5 a share...eventually If you want my best guess - I would say within 2 to 3 quarters. When it falls below 5, I will then re-evaluate (determine if I should cover, or hang on for lower prices). Even though TAVA is not an outright fraud like Zitel, it is being overhyped.