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


To: mark garner who wrote (40557)1/31/1999 6:27:00 PM
From: VALUESPEC  Read Replies (1) | Respond to of 41046
 
Mark, winning an award means little, IMO, for a micro-cap company. I remember, not long ago, when AUGI won a highly prized award also. Guess what? It did very poorly after rising to about $ 10 on hype. The bubble popped and it fell to pennies. Yes, the award could still be found in old publications !

This happens very often. In fact, this is the norm for a micro-stock, rather than the exception. News can be good for trading, but as for basing intrinsic value upon it . . . well, it really isn't worth much. In fact, it can often be deceptive to less savvy investors/traders.

VALUESPEC
valuespec.com