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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.711+7.9%Nov 24 3:59 PM EST

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To: ksuave who wrote (38261)10/2/1998 10:18:00 PM
From: golfinggramps  Read Replies (1) of 41046
 
RBaron: Consider the fact that these are sales figures ending September 30, 1998. This is just two days after the end of the fiscal year. That is two days ago. Would imagine Tom Russell put in a few extra hours compiling the information for a release this quickly after the end of the year.

I think Frank and the FTEL/FNET staff wanted to give a weekend gift to the SI and Raging Bull posters. He had to do a news release at the same time because of SEC regulations. Had he just posted sales figures to the FTEL home page would that not constitute insiders information?

Hell, I don't know but I do know I sure appreciated seeing the $900,000.00+ figure. Perhaps many posting to this thread will not go through a weekend guessing last quarters sales and wondering just what the hell the company is doing to "throw it to the investor".

Way to go FTEL/FNET

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