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


To: STK1 who wrote (37735)9/16/1998 8:19:00 PM
From: William Harvey  Read Replies (1) | Respond to of 41046
 
We're still seeing buys at the open and today there were buys at the close as well.

I notice the FTEL Insider Trades were updated the 2nd of September and still no mention of the purchases by Peters. Since he owns so much stock to begin with, isn't he required to file his purchase with the SEC? A sell doesn't have to be entered on Edgar if the 144 is filed but I would think a buy does.

WH



To: STK1 who wrote (37735)9/16/1998 8:21:00 PM
From: George Papadopoulos  Respond to of 41046
 
"This will make somebody a lot of money."

Define "this" please<g>

I believe the continous gloomy atmosphere here and in RBull due to FTEL's continued dive is REFRESHING...I am tired of listening to the constant "Blastoffs" "liftoffs" terms while the price has continued to dive.

I made a commitment to stick for a minimum of 5 years before reevaluating my investment in FTEL while fully realizing I might lose all my money. I guess I got about 4.5 years to go.

But I am done buying more for now, FTEL represents a little more than what my speculative portfolio allocation should be. And it sure is over the tolerated threshold imposed by wife ("Honey, remember it's either our dream house or we 'll stay here until kids are out to college<VBG>")

Bring on the gloom and the blood...it may help because "liftoffs and blastoffs" sure haven't.

FWIW

George

P.S. RE:Roth IRAs

New IRS regulations now allow people who have already converted their IRAs to Roth IRAs to "unconvert" back to their original IRAs and then convert again (presumably at a much lower tax bite due to the downward direction of the stock market lately). These new regulations do not specify a limit on how many times this converting and "unconverting" can be done...stay tuned for new IRS regulations to take care of this issue sometime next year. In the meantime take advantage of it if it applies to you.