Well here we go guys, probably at least 2 or 3 posts. I hope this is a help. If not sorry for wasting band space. A special thanks to Mitch for his excellent work in verification of facts.
Pro....1. Revenues have shown positive increase for 5 successive quarters culminating with this last Q. I quote Frank Peters "On April 30, 1999 we filed our 10Q for the March quarter. Sales for the quarter were $4,270,000. Net income was $382,000. Earnings per share were $.02" -- see also biz.yahoo.com
Neg....Would like to see many quarters of profit before company can be considered successful
Pro.... 2. Data/Voice Gateway (DVG) does Voice over Internet Protocol (VoIP) 3. DVGs do data (first letter is DATA) 4. DVGs do video (video is just data) 5. DVGs do FAX ftel.com
Neg......No neg fact posted as of this date to counter this pro fact Pro.......6. Making 35-40 DVGs per week ... You do the math (Source: call to IR)
Neg......No neg fact posted as of this date to counter this pro fact(unless you just refuse to believe IR dept)
Pro........7. Hardware is patented and Trademarked
Neg......No neg fact posted as of this date to counter this pro fact
Pro.........8. Software is copyrighted
Neg......No neg fact posted as of this date to counter this pro fact
Pro.........9. Manufacture our own proprietary parts - including the DSP
Neg........Posiible delivery problems if orders out pace production
Pro.........10. One year ago this month Peter Buswell becomes COO of FTEL. Look back and see why this is a positive fact. (No Brainer) He now runs FNET as well. I quote Frank Peters regarding Peter taking over FNET "In nine months, Peter Buswell has achieved phenomenal results in jump-starting sales and revenues for Franklin. I don't know of anyone more capable of creating the same success at FNet" ftel.com
Neg......... Franklin has hired key employees before with statements like: And I quote" Westlake Village, CA, June 11, 1998 -- Citing its success in attracting management talent to address the challenges of explosive growth in the international IP (Internet Protocol) telephony market, Franklin Telecom (OTC: FTEL) today announced three executive appointments to key positions at FNet Corp., Franklin's next generation telephony company subsidiary. " Then never relaeses annoucement that they have left a) James L. Magruder b) Kevin Kuykendall c) Enrique Serna Martinez d) Sparrow Marcioni
Pro.....11. Increase of customer base and repeat buyers (source press releases from FCM)
Neg......No neg fact posted as of this date to counter this pro fact
Pro........12. They build the hardware, install it, service it, and have their own VOIP network (FCM web)
Neg......No neg fact posted as of this date to counter this pro fact
Pro........13. Open new facility in ARZ "The new facility is housing the development team assigned to the Voice Router Internet Telephone System" ftel.com
Neg........Atlanta office is closed
Pro.........14. March 16,1999 ended the BB era for symbol FTEL now was FCM on AMEX ftel.com
Neg......No neg fact posted as of this date to counter this pro fact
15. Ron Weaver on team. Mr.Buswells feelings on having Ron join FNET "after coaxing Weaver onto the team, could only be described as gleeful." Mr. Weavers thoughts on joining FNET "" I am excited by the synergy that FTC and FNet bring to each other and to the marketplace. My task is to see that everyone who can benefit from our products and services knows about them. Once they know us and examine our products, we have the flexibility to tailor both the products and services to meet their requirements. biz.yahoo.com
Neg.......see neg for Pro #10
Pro.......16. re VoIP with the Tempest, Gartner group says it is a leading technology for the future.
Neg......opinions are just that
Pro.......17.Phone calls can be routed thru private nets or the Internet (source FNET web)
Neg......No neg fact posted as of this date to counter this pro fact Pro.........18. Market size estimated at 1-2 billion by 2001 (varying estimates - various sources)
Neg........Not fact "varying estimate-various sources"
Pro........19. To start a phone company, you can buy equipment for as little as $25,000 (source - Frank Peters interview)
Neg......No neg fact posted as of this date to counter this pro fact
Pro.........20. FCM Tempest is the gateway of choice to the largest VOIP network in the world. "During the last two months we have been digesting the ongoing design, installation and maintenance of the largest single VoIP network in the world." ftel.com
Neg.........There is no negative except unless you question USATs ability to continue growth
Pro.........21. Units containing from 2 to 96 ports are available ftel.com 22. Ads running in product specific magazines (ex. Internet Telephony)
Neg......No neg fact posted as of this date to counter this pro fact
Pro.........23. FCM joins INOW (Interoperability NOW) inowprofile.com . Mr. Buswell on INOW "What this means, in simple English, is that our Tempest® System products can interface easily and quickly with products from other companies supporting the iNOW! Profile. This includes many of the major players in VoIP such as Clarent, Cisco Systems and Netspeak. This is another step in promoting the inevitable growth of IP Telephony." ftel.com 24. There is something like 12x compression built in "Offering industry standard .711, .723 or .729 voice compression and T38 fax relay" ftel.com
Neg......No neg fact posted as of this date to counter this pro fact
Pro.........25. Remotely configurable and manageable - VERY powerful feature! ftel.com
Neg......No neg fact posted as of this date to counter this pro fact
Pro..........26. Using LINUX - very stable and FREE ftel.com
Neg......No neg fact posted as of this date to counter this pro fact
Pro...........27. Standards: ftel.com H232 standard, S7 Europe standards ,http://www.ftel.com/press/pr042099.htm ,MGCP standard ftel.com
Neg......No neg fact posted as of this date to counter this pro fact
Lets switch gears and address some of the negative facts and if there is a counter
Neg.......... The details of option packages are not shareholder friendly.
Pro...........Matter of opinion not fact
Neg.......... The growth of outstanding shares without one forward split EVER. However, there was a reverse split
Pro.........This is true. No pro to counter this negative
Continued next post... |