RB, FTEL is down 35% since the beginning of the year. It closed at $ 4.00 on January 2, 1998 (first day of trading this year). FTEL is now $ 2.62 !
RB, you say that you have more than 80,000 shares as listed on the S-1. Did you have less before you bought back under $ 4.00 !
RB, didn't you recommend selling FTEL not long ago if the quarter was bad? Wasn't it bad?
RB, Cendant (CD) has 810,000,000 shares. We'll see how CD does. You can make me eat my words, or you'll eat yours . We'll let the future prove which was correct for his words, just as I have been doing with FTEL (Intrine sales coming to nought? Demos haven't resulted in a storm of sales? FNET IPO is still just talk?).
<<Franklin is down 18% since the first of the year, so it is tracking this group almost tick for tick......yet people think something is wrong with Franklin......it's not Franklin, it's the Micro-caps in general.>>~ RB
Again, FTEL was not down just 18%. Do your math again and let us know what you come up with. If I am correct, FTEL is way underperforming your market group, tick for tick.
Quote on FTEL on first trading day of year 1998:
01/02/98 283,100 4 1/4 3 7/8 4
Quote on FTEL on last trading day of 1997:
12/26/97 137,800 4 3/16 3 13/16 3 7/8
CD: ~ $ 22.00a (was $ 19.00 when I first bought and recommended)
FTEL: ~ $2.62a (was ~ $ 7.00 when I first posted)
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