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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 2.170+3.3%Feb 9 3:59 PM EST

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To: Jamey who wrote (1528)12/26/1996 11:41:00 PM
From: Jamey   of 41046
 
I don't want anyone to get the idea that the potential of FTEL is not present anymore. Like I said, this could be a good investment. I have been a positive contributor to this thread for some time now. Over a period of time, I have bought over 20k of FTEL, but have been reducing my position until I have more concrete evidence that this company has the new technology they claim and that they are financially able to keep up with the production and employee expenses that a company that has been in the red will incur. I know of no big daddy backing them. I assume that they are counting on the $1.00 share offerings to keep them afloat. As for the ISP side, there are currently over 3100 ISPs in the U.S. A few will survive, a few will be acquired by a big daddy, and many will go under in 1997.
James
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