David, There's nothing wrong with enthusiastic optimism, especially when contemplating the all the opportunities that exist. Several large markets await FTEL and FNET, larger then we can possibly comprehend.
When analyzing this huge financial markets that lie ahead, I just like to think that Franklin will get it's fair share. Being a recognized success in an industry overburdened with competition is difficult, but just being a small player that has a very small piece
can still amount to large net profits, especially to a company that has less than 20 million shares outstanding.
That's why I get so excited when I know they are unique player in the
niche 800 market. It would be ludicrous to think that they will remain a one and only. My enthusiasm is in the fact that they can establish a market share early on, and become an incumbent source, bringing along other services that will lead to more business. Right now they enjoy an edge and have a lead in the race. Picture a lone runner with a 1/2 hour lead in the Boston Marathon, a herd is coming up the rear, so you better mark you lane, or get trampled.
My greatest enthusiasm comes in knowing that the equipment sales are being primed with all this FNET success. As more and more T1 lines come into play, the more equipment demand is placed on FTEL to supply it. It's like the farmer raising hay to fatten his cattle. The real business is BEEF not hay. Only in this case, the hay is generating the cash to support the herds overhead.
Pretty slick, win, win combo. What most people have to understand is what is going on to create such 800 service demand. Believe me, it's not dial in, individual accounts that are creating this demand.
I'm sure that we will see news forthcoming that will reveal the source of all this explosive demand.
RB |
