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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.730+7.4%Dec 26 9:30 AM EST
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To: Al Krasberg who wrote (39331)11/18/1998 9:57:00 AM
From: VALUESPEC  Read Replies (3) of 41046
 
For those who don't know this yet: This company has not made money in years. The revenues year over year are down a lot as well as profits. They are burning cash fast, and their is talk on this thread of another private placement.

Many of the past hypers of FTEL have been kicked off this thread for inappropriate behavior. At least one broker posts on this thread and his friends have been known to threaten those who post opposing opinions.

Warning: Some past deals with this company have ended up being ill-fated. I don't believe anything until it happens based on their history.

Warning: Many of the people who ridicule me were also involved with NVID. Read that thread to see names like Raleigh, etc.

Warning: Have you read past company releases to see what became of them?

Warning: The CEO gets low-priced stock via convertibles.

I have been one of the best sources of information on this company and yet many libel me by making it sound like I am trying to "trash" this company. I don't like this company . . . period. Perhaps if they ever do something for me to like, I will begin to like them. For now I see little results and a lot of spending.

So far, I think it is fair to say that the performance of this company over the past nine months has vindicated my negative view of it. We'll see if I continue to be right or not about FTEL.

FTEL: $ .82

VALUESPEC
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