FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.647

-11.6%

Nov 20 3:58 PM EST

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To: William Harvey who wrote (12619)	6/22/1997 8:16:00 PM
From: M Allen	of 41046

>Cyclones are going out the door for the first time and at the rate of a half million >dollars per week as of last week. The line is being geared up to fill backorders. WH, What is this based on? Two weeks ago they were still working out the bugs, hadn't started shipping yet, and Vic saw a couple of them burning in. As I said before, if FTEL shows any evidence of shipping at an annualized rate of $20 - $40 million I would be a buyer at these price levels and higher. I would love to know where you got the information that they are shipping at those rates. Meanwhile, I see nothing to stop the price from drifting towards the warrant price of $1.35 as the S1 approaches completion.

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