FRANKLIN TELECOM (FCM) Message Board

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Technology Stocks : FRANKLIN TELECOM (FCM)

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To: Bruce Hoyt who wrote (363)	5/3/1999 8:48:00 PM
From: Seth L.	Read Replies (1) of 2891

Bruce thank you very much for that illustration. I think you made a great point and I bow to your reasoning. I can only go on gut feelings that if the market was so anxious to buy FNET futures why are they not buying FCM stock? Answer, IMO is that FNET has not shown that they are viable yet. I would hazard to guess that many of the companies you listed may have a much greater infrastructure in place standing ready to break out. While I and others who are up on what FCM is doing realizes the future value in FNET its still not accepted or even known by the investment community. Buswell will fix that. I am just convinced that waiting 2-3 quarters to establish the proper infrastructure that will attract the right underwriters is worth waiting for. But hey, if ML or GS say they will do it right now I will enjoy being wrong. If FNET decides to run the IPO themselves with no recognizable name as underwriter I will be bummed. I can wait Sethy

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