FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 2.440

-7.6%

Jan 30 9:30 AM EST

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To: topwright who wrote (36456)	7/20/1998 4:47:00 PM
From: VALUESPEC	Read Replies (1) of 41046

RB, I noticed that you still haven't discussed the effect the Series C shares or the warrants and how the role they might be playing in the drop. I might note that I've spoken of this and warned of the potential for months. Why haven't you been? Regarding Bosnia, what effect to you think the Bosnia deal will have on the bottom line? Didn't FTEL have a large loss of about $ 1.3 million last quarter? Don't they only have about $ 7 mil in cash? At the current burn rate, if it continues, how long will the cash last? RB, it seems to me, and maybe I'm not giving Bosnia the correct respect, that you are again talking about the wrong things at the wrong time. Why not talk about the burn rate or the conversions, etc? I would like to commend William Harvey who at numerous times in the past has talked about the series C preferred shares, etc. I might add that what Ellen says seems to be about right, IMO, in addition to what Harvey said. FTEL: ~ $ 2.06a ValueSpec "talking about those things that the others usually don't"

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