FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.850

+4.7%

Nov 28 9:30 AM EST

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To: VALUESPEC who wrote (38278)	10/3/1998 4:32:00 PM
From: DavidCG	Read Replies (1) of 41046

Spare me your condescending chatter.. Stop worrying about FTEL's cash flow and spend time looking at your failed investment at Cendant (CD). Now hovering around $10. In fact, why not vent some of that frustration at Cendant's incompetent management? If I had money in Cendant, I'd tell ya, I'd be much more worried what was happening to my money as is goes down the toilet than worry about some other investor's money. At least FTEL's accountants don't use questionable accounting practices that put revenues and sales anywhere they want to like Cendant does. Must be nice to create money from nothing. Must be that "Cendant Magic"... FTEL is turning the corner and selling more and more boxes each quarter, in addition their subsidiary, FNET is for the first time getting revenues from Internet Telephony overseas. The first three quarters of 1998 laid out the framework for FTEL/FNET to launch forward. The fourth quarter and beyond is where FTEL/FNET starts it's explosive growth phase. I think people were expecting this in July... so I figure FTEL/FNET is 3 months behind schedule. That 3 months also shook up a lot of investors out of the vision. That is unfortunate... but it will happen with any delay. Internet Telephony sector is expanding, not contracting ...meaning box sales are going to get stronger and stronger as time passes. I'm looking to the more successful Internet Telephony stocks as a guide... like IDTC. It went from $13 to $28 in September after hitting its $13 low. People lost its confidence in IDTC too, and quickly, like a firestorm, ran back into it. As long as their revs are increasing I see the future for FTEL, too. -DavidCG CD : $10.75

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