<< So vs its in your court, wehy DONT YOU BELIEVE in their product line versus the competition.>>
I don't believe in their product line because of the hype evidenced, in my opinion, by their past press releases. They still have only have about $ 250,000 per quarter in sales despite what I would have expected based on past press releases.
I don't feel it is even necessary to look at the competition as FTEL has given me no reason, as I said, based on its past sales record. When they get meaningful sales which might make me consider that FTEL is a good, fundamental value at $ 5.00, then I will reconsider. I might add that technically, this stock might be ready to go higher, but I believe the fundamentals will eventually cost the current stockholders a lot of money. If one must buy, as I said, I would recommend a stop at $ 4.50b since it should not go below that (right?).
I have a good amount of experience with companies that have not done well in the past. I see a lot of similarities, IMO, as I've said, with some of them.
That is why I don't believe in their product or the company at this time, especially at $ 5.00 per share.
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