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Strategies & Market Trends : InvestRight - Short Term Trading St -- Ignore unavailable to you. Want to Upgrade?

To: LowtherAcademy who wrote (102)	9/11/1998 2:41:00 PM
From: Jeffrey L. Henken	Respond to of 939

Hi Lew, nice to have you here. I looked at the chart on FTEL and you're right it looks bad which always makes an investor feel like there is no more downside left. Have you talked to anyone at the company? Do you feel that revenues and earnings will be improving soon? Are there anymore preferred shares to be converted? If there are then they could still put a drag on the stock because often times the holder of the preferred gets more shares from converting the lower the stock price goes. InvestRight Regards, Jeff