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

To: Pat Garaffa who wrote (40892)	3/7/1999 9:23:00 PM
From: snake	Respond to of 41046

Pat...I heard that the spike to $10 was a reaction to a mistake...apparently there was another co with a similar ticker (fnet I think ) that had everyone thinking that it was an FTEL co when it was not...this co had some good news out at that time...and investors boosted the price of FTEL ..when they realised their mistake..investing in the wrong co.. they pulled out the stock and it began to fall..( its been a long time and the issues are foggy)...but it made sense at the time...

To: Pat Garaffa who wrote (40892)	3/8/1999 12:39:00 AM
From: Laszlo	Read Replies (1) \| Respond to of 41046

It is unfair to state that it "dropped" from the 10 dollar mark when, in fact, it had no business being there in the first place. I've also heard encouraging phrases such as "FTEL has lost 95%" or "at present it is down 70%"! Sounds like a great investment huh? "Corrected" is a more accurate term in that it ran up way too quickly and was overpriced at 10 dollars. I guess if you bought at 10, it "dropped" to 3....if you bought at 1 and rode it up to 10, it "corrected" to 3, right? Sounds like something our national disgrace in the White House would say....it didn't "drop", it "corrected". It depends on what the meaning of "is" is...hahahahahahah!!! You ought to be in politics...ROTFLMAO Laszlo