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Technology Stocks : FRANKLIN TELECOM (FCM)
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To: taxgun who wrote (1996)9/20/1999 8:31:00 PM
From: Brett S.  Read Replies (1) of 2891
 
Hi Joe,

Here's food for thought from the other thread:

internetstocknews.com

Both FCM and ETEL have
experienced dramatic percentage gains and losses in share price over
the past 2 years, as they each have shifted their business focus in
search of a competitive niche. However, while FCM's relatively new IT
equipment business has been validated by its recent 672% revenue gain
and narrowing losses, ETEL's new strategy of selling voice-over IP
service to consumers, rather selling IT equipment to corporations, has
resulted in a 50% revenue drop and widening losses for the company. In
other words, FCM's recent gain is the result of a tidal wave of new
investors buying on past performance, whereas ETEL's big jump is
based on speculation of future performance.
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