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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.871-2.1%Nov 14 9:30 AM EST

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To: VALUESPEC who wrote (25057)1/14/1998 10:21:00 AM
From: David D.  Read Replies (1) of 41046
 
Valuespec, I appreciate your comments. I believe you are technically correct on all accounts. This play is HIGHLY speculative and should not include the retirement monies of those investing. I have owned the stock for over two years and bought in originally at $.80. I have bought all the way up to $7.00. I have visited the company, toured it and met Frank and Sparrow first hand. I share your concerns. I would have felt much better had we been able to blow the doors off this thing with sales of our DVG. It hasn't happened. On the other hand, we are a R&D company that is still developing. We are developing our revenue stream to be a world wide Internet Telephone company. Again, highly speculative. I've been buying my long distance for $.09 at home and at the office for some time now using an non-internet company. So, the telephone market is going to be highly competitive.

In short, we are putting a lot of faith in Frank and Sparrow & Gang to pull this off. If they do, we'll be RICH. If they don't, we need to watch our down side.

I for one appreciate your perspective and advice. Please continue to post giving us your "honest" opinions.

Sincerely,
David D.
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