I don't know VoIP technology as well many on this board but I am puzzled about how, if this is a legitimate, well-run company, Franklin could colocate with WCOM. Surely these WCOM folks see the bright side of Franklin's technology. Funny, I haven't seen WCOM colocating anybody else's system. Why wouldn't competitors be clammering for an equivalent deal? Anyone care to draw any conclusions?
Once the infrastructure is established, the system goes on-line and the minutes get sold, won't we be on the business end of a positive revenue stream? Can anyone think of anything that might stand in the way of that? Does all of the banter about standards, bandwidth or lack of major accounts (right now) mean the company won't make money from this stream? Surely the market will be competitive but why can't Franklin compete effectively? MCI did OK competing in this market. Am I missing something here... or am I just the misinformed one that can't see the light?
If we were buying someone else's equipment and didn't have an established backbone, had no sales and were just talking, we'd be hurting and I'd be looking for an open window somewhere. But that doesn't seem to be the case.
Franklin is selling a few systems and is building a VoIP backbone with WCOM, their own equipment and FNET. Granted nothing to be crowing about just yet but looking beyond the current gloom, isn't there at least a $10 stock out there on the horizon, even with nothing more than a very modest slice of the long distance revenue pie? Please share your feedback. Are the prospects really that bad or are we all just getting bummed by the current stock price? I'd especially like to hear from the technical wizards on these issues.
Jim |
