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


To: Brett S. who wrote (39489)12/5/1998 7:27:00 PM
From: JHP  Read Replies (1) | Respond to of 41046
 
we well see if there really is tax selling deals i suspect with some of the strong gains people have hadthey will be taking their losses with some of their losers. i expect around >$0.25 there will be very heavy selling with only idiots willing to buy before the last 15 minutes of trading day. you will see! stay tuned! what's your projection? regards john



To: Brett S. who wrote (39489)12/6/1998 11:46:00 AM
From: JHP  Read Replies (2) | Respond to of 41046
 
John,

Against my better judgement, I will ask one final question about your
price projection for FTEL.

IYO.... you feel FTEL will not have any major material events that could change the direction of this stock. If true... then I feel
Dec. will be ugly too.

But just for grins.... what IF a major material event did in fact
come to past, ie... Sutro comes up with 10s of Millions for FNET
build-out.

What do you think would happen to the share price IF by some remote
chance that event comes to pass? OR Am I just dumb fool following
a pipe dream created by the so called Dirty Dozen? ---------------- my response:you must understand no matter what happens that dec31 is a tax selling deadline, people who want to deduct their loses have to sell-- their has been total wealth destruction in FTEL, no white knights saving your ass this year, who knows about next? regards John