FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.707

-2.0%

Dec 12 9:30 AM EST

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To: Gunther G. Smith who wrote (38460)	10/9/1998 5:33:00 PM
From: Craig McNeill	Read Replies (1) of 41046

Gunther, why go after these markets ? Margins and little competition. Looks like a good niche to me. If you look at some of the info that has been posted on cost of country to country calls, the first FNET/FTEL are going after are some of the highest. That means more room for profit.....not a bad place to prove your technology either, if you can make $$$$ in underdeveloped, infrastructure-lacking countries. But you also have overlooked larger countries, including the UK where we're doing business. I basically agree that your frustrations are shared by the market. That's why you can pick up this company for about $.60. The so-called "Pollyanna's" you refer to see the potential of this company making $7-10m in revenue this year. Maybe optimistic, maybe not. But I don't think the market is being rational at this point about FTEL because of its past mistakes, present tax selling pressure, and irrational markets in general. cm

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