FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 3.500

+3.9%

Jan 23 3:59 PM EST

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To: William Harvey who wrote (12361)	6/16/1997 2:39:00 AM
From: M Allen	of 41046

>So, you're saying, if there was an IPO today, the price would go to $0? Nope, I am saying that warrants for stock at below current market price should continue to depress the stock price. If there was an IPO today, and management was doing a road show in front of institutional investors I would be a buyer of the stock. >Based on conservative estimates, we're doing $20 - 40 million revenue on an annual basis anyway I don't know where you get those numbers. The last numbers published by FTEL show $881,000 in sales for the six months ended 12/31/96. Any other numbers are from posters on SI projecting out revenue that doesn't exist yet. The Cyclone hasn't shipped yet and the 150,000 potential Internet customers haven't produced any revenue yet. If FTEL releases ANY financial information that actually shows they are generating revenue at a $20 - 40 million annualized rate I would immediately become a buyer of the stock at current prices.

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