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Technology Stocks : Voice-on-the-net (VON), VoIP, Internet (IP) Telephony

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To: Stephen B. Temple who wrote (1438)	10/3/1998 8:15:00 AM
From: STK1	Read Replies (1) of 3178

FRANKLIN ANNOUNCES QUARTERLY SALES RESULTS I am extremely pleased to finally be able to tell you our Sales for the three months ending September 30, 1998 exceeded $900,000 compared to sales of $524,000 and $325,000 for the previous 2 quarters. It is about time to see that the investment of time and money has finally started to pay off. This marks the second quarter of steady growth. This is 177% growth* over the March 31, 1998 quarter, 6 months ago. We still have a way to go to break even but both FTEL and FNet are now starting a handsome pay-back.” Tom Russell told me sales are looking up for the Tempest DVG® Systems and FNet's Joint Ventures. We have experienced steady sales growth for the last two consecutive quarters. The quarter ended September 30, 1998 had sales exceeding $900,000 or a 72% increase from the previous quarter. The quarter ended June 30, 1998 had sales of $524,000 or a 61% increase from the previous quarter. * For those of you who might add up the percentages - don't - the math doesn't work that way. Next Previous

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