FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.473

-30.7%

Dec 31 3:59 PM EST

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To: s b who wrote (24683)	1/9/1998 12:24:00 PM
From: Craig McNeill	Read Replies (3) of 41046

I'm very comfortable with a $100m market cap for a company about to move out of development phase and given its potential. I own other development phase stocks at multiples of FTELs mkt cap that I'm more concerned about. Anyone's valuation of FTEL is purely subjective. Some people may feel that it is over-valued or fairly valued given the market opportunity and competition. Others, many who are on this board or continuing to purchase at these levels, feel that there is great value in FTEL given the size of the telephony opportunity, the quality of FTELs products, the mgmt team, and the alliances/customers they have developed. The divergence of opinion is what makes the market. That's what is fun about FTEL. And since I think a $100m market cap is quite cheap for the opportunity to buy into Frank's vision vs. VOCLF and IDTs $180m and $250m market caps and business plans. But also, don't be embarassed by taking a profit. Make your decision and don't look back. Good investing! cm

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