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Technology Stocks : FRANKLIN TELECOM (FCM)

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To: Noneyet who wrote (1946)9/20/1999 9:25:00 AM
From: Alert-Inv.  Read Replies (2) of 2891
 
This whole USAT-related crusade of yours is a tempest in a teapot. FCM won't ship to a customer who can't pay or one whose debts to the company are in arrears. At the same time, how many development stage companies are doing business with GE and LU, and how many have access to fresh capital when important orders are placed? There is no obligation for FCM to report backlogs. And given your concern with A/R, who considers FCM a balance sheet or book value play? I don't, for one. Most of all, there is no obligation to respond to people like you on the chatboards. They're doing the right thing by ignoring this debate.

On balance, there seem to be more buyers than sellers in the stock lately, so I guess you'll have to flap your wings harder and harder (not that you'll ever fly...). A basic accounting course could fix you right up.

Pete
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