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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
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To: David Flood who wrote (27558)2/9/1998 11:11:00 PM
From: VALUESPEC  Read Replies (3) of 41046
 
Read what Frank said again:

<<We are still getting responses from our first evaluation units. In some cases, we have been asked to provide additional features or modifications to suit their specific circumstances. Our expanded engineering team is already working full steam ahead on the previously announced additional features for the Tempest.>>

It appears to me from reading this that the Tempest is not appropriate for some (I interpret that as meaning much, IMO) of the target market and must be changed to become acceptable ! Is this good news?

Also, note that FTEL is making a statement that a six figure order could be coming in sixty days. Is that the Intrine order?

<< We expect to see Tempest revenues begin a serious flow within the current quarter.>>

I wonder what he means by serious? Again, does he mean serious as in a serious amount over the Intrine order, or IS THE Intrine order the serious flow he is talking about?

As I said before, you must be careful to see what the company is Really saying. Some companies thrive on getting shareholders excited. What has been the quality and nature of past press releases? Can you expect to be disappointed this time, again?

Tomorrow morning I will analyze Frank's past stock positions in FTEL with what he has now so we can see just how many fewer shares he has now.

You might be surprised.

VALUESPEC
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