FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.773

-7.0%

Dec 10 3:59 PM EST

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To: STK1 who wrote (35498)	7/5/1998 9:54:00 AM
From: VALUESPEC	Read Replies (6) of 41046

June 30th passed without incident as I said. Now, what? Shares are being sold? To liquidate shares good sounding news is needed. Good sounding news is a tool these small companies often use. The storm of sales never came (or doesn not appear to have come. We'll see what the 10Q says when it is released). The FNET IPO never took place as the Frank suggested it would over one year ago. With each purchase that this company makes, they run the risk of burning through their limited cash even faster. Perhaps after the 10Q comes out (which I expect to be disappointing), I will calculate how much time FTEL has before they are broke, again, if things don't change. FTEL: $ 2.50b $ 2.56a VALUESPEC "waiting for the storm that elk, RB, and friends believed in when the stock was much, much higher."

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