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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.449+10.4%Jan 7 3:59 PM EST
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To: Mark Jenkins who wrote (3100)1/29/1997 9:46:00 AM
From: Jack Sman   of 41046
 
If Franklin's sales for the two months ending Dec. 31, 1996 totaled $632,000 (as compared to a total of $430,000 for ALL of 1995), and assuming sales stagnated at that level of $632,000 per every two months, that would give a minimum $3,792,000 for '97. (approx. nine times sales of '95). Of course everyone know that sales aren't stagnating so the numbers would most likely be much larger especially with FNET kicking in full speed. This is probably obvious to everyone but its what I fell asleep figuring last night. Should I sell or hold. DUHHH!
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