Earl and others,
Right now, I agree is a very difficult time to be a shareholder in Franklin. Logic gets tossed aside only to be replaced by emotions, or better translated....sentiment.
I see some people here post that we need news, others post we need hard facts, and others are only focused on sales, and all with good reason and understanding.
The unfortunate reality is that most of these same people do not have a stitch of experience, nor the slightest conception as to the inner working processes of bringing to market a newly developed high tech product and/or the chain of events that lead up to its roll-out.
Yet these same neophytes help create the sentiment and influence your emotions whether you are aware of it or not.
Ask yourself, are you immune?
Are you letting emotion dictate?
Why did you buy? Are those same reasons still valid?
Is the Tempest for real?
Does it work well?
Does it produce a toll quality voice signal?
If so, does it lend itself to being the platform on which to launch a global telephony company?
Does that company (FNET) already have a head start on laying down the alliances needed to complete the task of becoming global in scope?
You read daily about all the other companies that are entering this arena of NexGen Telephony. Yet how many are operational? How many talk about 3rd or 4th quarter launch? How many manufacture their own equipment? How many control their own destiny?
Do you really know what you own by comparison?
Do you know what features have been added lately?
I do! And I'm damn happy with the progress and competitive lead that Franklin/Fnet presently have in this arena.
Many months ago I warned of the emotional tug-of-war that would besiege Franklin shareholders as we got closer to realizing our goals. That in fact lunacy would be the order of the day and every crack pot in the world would show up on our doorstep. They would take advantage of the lull that is predictable with every transitional period. Playing on your emotions when you're at your wits end, weary, disgusted with the waiting and questioning your own judgement.
All prescriptions to create a sense of panic.
But the pros also realize this and use this period of vulnerability to their utmost advantage, all with the skill of a surgeon. If you don't think so, ask yourself who is absorbing all these shares? Why were the market makers fast to raise the price back up on the slightest sign of buying yesterday?
Everyone is fast to offer their opinions about the company as they come forth. Funny thing is, what you're experiencing right now has nothing to do with the company, it has to do with the struggle between the novices and the pros. Those that know what Franklin promises and those that don't have a clue as to what its real potential is. It's better known as the changing of ownership.
The bloodletting is intentional, targeting the uninformed and inexperienced novice investor. Like a olfactory magnet, the sharks have sensed the turmoil and now have converged for the ensuing feeding frenzy.
Ahh, but we're not talking about just any old sand sharks, rather the stealthy predators from the top of the food chain, the big boys, hammerheads, great whites and tiger sharks. All skilled predators, proficient in the methods of invoking fear and panic, as witnessed in the sell off yesterday.
They've been present for sometime though, circling and catching the stragglers, darting in for a quick snack. A little here, a little there, all adding up over the course of the past four months or so. Accumulating enough weight to be significant, then tactfully deploying their strategy to unload at the appropriate time, all with one objective, chaotic panic selling.
What did they know? What brought them to Franklin's door?
It wasn't tiddly-winks or cracker jacks toys, I guarantee you that. It was the huge potential that this emerging sector promises. Like Montezuma's treasure it has brought every prospector, from the sheer amateurs with their shovels to the mavericks waiting to separate them from their nuggets.
The pros on the other hand got here by having followed the money trail. Once they witnessed Scwartz lay down $7 million, their route was laid.
Bring in the big cranes it's time to scoop up the easy money.
Didn't you hear that chant?
You should have, the mining operation started yesterday. Yet the slurry boxes are flowing with your blood.
There goes one of those miners now.
Think I'll join him for dinner.
Bon Appetite'
rb
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