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


To: David D. who wrote (40988)3/17/1999 1:08:00 PM
From: Americo Burgos III  Read Replies (2) | Respond to of 41046
 
You are playing with the Big Boys now. It is all goodness. You made it to the Big Show. If you have shares in FTEL, congratulations. If you don't like I don't, just watch the payoff for the longs who waited and were patient and refused to give up. (They're tigers in my book)



To: David D. who wrote (40988)3/17/1999 2:12:00 PM
From: snake  Read Replies (2) | Respond to of 41046
 
David...it means brokerage houses can buy the stock...more exposure...heard AG EDWARDS bought 200,000 sh yesterday...tomorrow should be a big day....and if FRANK has a NEW CONTRACT rabbit up his sleeve..look out....ANTICIP......ATION!!!!



To: David D. who wrote (40988)3/17/1999 3:52:00 PM
From: X Y Zebra  Read Replies (1) | Respond to of 41046
 
What will this AMEX listing actually mean?

Immediately:

1. Increased credibility and recognition.

2. Larger exposure.

3. Very possibly MORE buyers, (particularly of the elephant size type).

4. Very possibly, quotations (at least) on 16ths.... no more 32nds. or 64ths. (at least not as often.... and frankly, I wish everything would go decimal, it would be much easier, in stead of these Mickey Mouse fractions). I mean, you do not get paid in 64ths. of a dollar...or get change in 32nds. of a dollar...

In Time.... ( I do not know how soon).

1. Becoming a MARGINABLE security.

2. Possibly, if the company continues to perform as of lately, an easier way to arrive at considerable higher levels, given the increased exposure.

3. Great Set-up for the FNET "IPO". Great timing... if the IPO can be executed soon.... it will keep the momentum going.

p.s. it also means, leaving the status of trading in the flea ridden environment of the bulletin board universe....
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The above, exclusively my opinion.