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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.791+8.4%Dec 29 3:59 PM EST

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To: mark garner who wrote (39153)11/6/1998 7:39:00 AM
From: VALUESPEC  Read Replies (3) of 41046
 
My point is that FNET and FTEL are losing money fast. Both, IMO, will have a private placement soon. It seems that you agree with me. Many of your friends don't.

Regarding profits by the third quarter (please give dates rather than quarters. Is that a fiscal quarter, or by June 30th, or a calendar quarter, or by Sept 30th), I highly doubt that will happen. In fact, the bulls on this thread keep putting the carrot out further and further as I predicted many months ago.

I expect the 10Q, which should be out soon, to back up my negative opinion of FTEL and its cash-burn rate and need for a private placement, or something, soon.

The shorts love private placements. I wonder if the next private placement will have a floor.

Instead of letting some small companies prey on you, you can prey on them. Open an account in Canada (you will need a nice sum of money for a deposit, however).

I personally don't short, but I encourage you to start learning about it if you are interested.

FTEL: .84b

VALUESPEC
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