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

To: William Harvey who wrote (36211)	7/15/1998 10:29:00 PM
From: vic klimpl	Read Replies (1) \| Respond to of 41046

There is one little change. They cannot tale possession of all 7 mil. at once. They can only convert 20% in any one month.Ftel did that so there effect on the market would be gradual and not what happened when the 95 warrants became effective and were dumped all at once on the market.And lest us not forget one little thing. The money is in ftels bank account and is financing the growth of our company right now.

To: William Harvey who wrote (36211)	7/16/1998 12:16:00 AM
From: EdH	Read Replies (1) \| Respond to of 41046

WH I agree with what you say, but wasn't there a large financier who dumped a few months back? I asked the same question, why when the stock was set to be a rocket? Don't know why they sold -- something they just had to do. EH

To: William Harvey who wrote (36211)	7/16/1998 8:48:00 AM
From: Robert Mustic	Read Replies (1) \| Respond to of 41046

Bill, Myerson sold everything immediately. I asked a guy I know there and he told me MONTHS ago that he didn't think FTEL's prospects would be good over the SHORT term.Myerson is in the business of making money. IF they had thought FTEL was going up they would have held. They SOLD... Obviously he was correct. That is not to say that they aren't good over the long term though... I believe ELK is wrong when he states that "price" will take care of it. The proof (UP TO NOW) is that FTEL is unable to even get it to "Small cap" territory. FTEL has a tremendous FUTURE IF they can stay ahead of the competition. I must say that what has been going on lately is impressive IF you know anything about the company. However, it seems to be falling on deaf ears on the street. ELK simply saying he will continue to buy more and is happy the price is down is a bit trite... Bottom line for me is I'm holding EVERY share of FTEL but I do believe Frank and Co. are going to have to "pull out the stops" to get this thing listed before Sept's time certain...IMO, of course<G> Bob

To: William Harvey who wrote (36211)	7/16/1998 10:52:00 AM
From: VALUESPEC	Respond to of 41046

William, it is my understanding that the market makers often will not put a large block through until a buyer is found. Perhaps they had those 82K shares committed, or were covering an earlier short of their own with it. Regarding the price coming up one day, that is possible. Regarding the holders waiting until the price goes up, that is pure speculation. Twenty-five percent is not bad, so to take that might not be bad. It is my opinion that small companies especially need to keep their record of successful and happy private placement holders, etc., happy, in order to keep their "credit rating" up, so to speak. Often, shortly before the conversion is to take place, it would appear to be in the benefit of the company to issue a well-timed press release in order for the potential shares to be aborbed more smoothly. FTEL has had numerous good sounding news releases recently, and yet no large stock price buffer appears to have been created. I would look at this as being disappointing if I were them. Perhaps they will be settle for the 25% almost guaranteed money, verses risking FTEL's price dropping further, espeically if their cash keeps being used up as quick as it is. Of course, these are just speculations and my opinions. Who knows what anyone will do or why they will do it. Maybe the next news release will finally push the stock. Who knows . . . maybe there are covert operations going on by the competition to keep FTEL's stock price down, as someone else suggested. I think the shares are the real reason, but each has his own money on the line so each must decide for himself, using appropriate financail advice from appropriate sources. ValueSpec I