FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.659

+1.9%

3:59 PM EST

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To: Citidude who wrote (25386)	1/17/1998 12:29:00 AM
From: David McCleary	Read Replies (2) of 41046

Chris, just curious how you arrived at a prediction of $16 by 2/28? Sounds great if it comes true, but I'd lean more towards 2/28/99. This is probably the only board where I'll get bashed for predicting a 300% increase in one year. You asked for other's opinions.... if you read my last post (25379) you will see why IMO I think the NASDAQ listing will actually hurt us in the short to intermediate term due to the current valuation of FTEL. I just can't see NASDAQ awarding a company a P/S of 21 and a P/B of infinity which is where we are at today. NASDAQ is not as kind with valuations as the bulletin board is. This may not be a popular opinion or even a correct one, just another opinion to add to the list. Dave

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