FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.935

-4.1%

9:32 AM EST

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To: VALUESPEC who wrote (25098)	1/14/1998 11:06:00 AM
From: Martin P. Smith	Read Replies (1) of 41046

The CFO addressed the reason for the lack of sales in the same message you cite. Namely eval periods. The product was only available Oct 27th 97 so less than 1Q. I do not believe the convertibles were that badly priced. They were priced at an average of the stock price 30 days from the closure. The company did name the company for the 2.5 mill deal. It is Interine Why talk to COMS. FTEL has been named as BEST in show at a telephony conference for their product and praised for features nobody else has. FTEL sold the preffered stock to provide cash for the rollout of DVG's for FNET this was the clearly stated purpose of the issue. IT is apparent from the lack of depth of your knowledge that your DD is either in the early stages or poorly done. Either that or you have an ulterior motive. MArtin Smtih

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