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


To: MichaelW who wrote (40345)1/23/1999 4:29:00 PM
From: CAP  Respond to of 41046
 
Michael, I think lots of folks took some profit out on a dreary day in the market. Considering that we are, for the first time, in the position of generating a revenue stream (maybe a river depending on how gushy one wants to be... sorry) selling off at this level would be foolish for other than a quick out and in to capture profit on some of those <$3 shares... and there are a lot of them out there :)

Because we have so many cheap shares out there, we will face two steps forward, one step back for some time until we play out all the traders and distill down to investors OR until there are a series of bold successful weeks of appreciation in the stock price. CAP



To: MichaelW who wrote (40345)1/24/1999 1:56:00 AM
From: mark garner  Read Replies (2) | Respond to of 41046
 
this stock has been news driven. in
the past, maybe that news was not very
meaningful...but the recent news has
been significant and will continue to
be significant. if you believe that
VOIP is going to be a technology of the
future, i am not aware of any other
company that has the enormous potential
that FTEL does in this arena. to answer
your question...yes i believe it was
profit taking. i am guessing that most
of the profit taking is over with and the
stock is readying itself for another nice
run. take it fwiw, and make your own
conclusion. but, i think this company has
great potential.