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

To: lostmymoney who wrote (40136)	1/20/1999 10:40:00 AM
From: Pat Garaffa	Read Replies (1) \| Respond to of 41046

The broker is actually a money manager who does not trade for commisions. His only objective is to grow the account. He gets a small percentage of the total account value (1%) and he makes nothing on the actual trade which is executed through Schwab. Although the days events (XCIT) would have brought me better gains, I still can't complain about what happened. I was in and out in 20 days for a 50% gain. Not as stellar a performer as an Amazon or a Yahoo but a far cry from a loss. Regarding FTEL - that is in another account which I manage myself. And nobody is touching that one! Thanks for the sympathy! Pat