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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 3.290-0.9%1:57 PM EST

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To: VALUESPEC who wrote (31147)3/26/1998 4:53:00 PM
From: norm  Read Replies (3) of 41046
 
G'Day,
FTEL probably won't get a full NASDAQ listing - maybe a small caps instead if we're lucky. How do you expect the market to react to that?
Also, it seems obvious that the FTEL management are not very good or not very clever ... witness the filing to sell shares and the 800 number fiasco.
I wonder if the "delay" in response from the Nasdaq has been caused by some sort of investigation of the Ftel management (maybe just requests for more info etc).
I also wonder why, given that Ftel's product has is demonstrably superior to the competition, no other companies are making overtures of some kind to Ftel? Why is WCOM the only interested party (and only mild interest at that)?
These things on top of the poor sales record are really troubling to me.
I just wonder how low FTEL can go? Is there any notion of "book value"?
FTEL has products so they must be worth something?

I'm asking you this because you don't seem so gung-ho and may be able to give me a reasonable response.

thanks very much
Norm
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