FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 2.450

-5.0%

3:50 PM EST

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To: VALUESPEC who wrote (39383)	11/23/1998 12:12:00 PM
From: Al Krasberg	Read Replies (1) of 41046

VS - I'd appreciate it if you would stick with your original position. To repeat, here it is --- In #39314 you say: "I expect bigger losses this quarter ending December 31, 1988, with lower revenues than the quarter ended September 30, 1988." In #39239 you say: "I expect both FTEL and FNET to have a private placement soon. Will it even have a floor this time?" Here again are my counterpredictions --- 1) The 31 DEC revenues will be higher - and CONSIDERABLY higher - than those of 30 SEP. FTEL revenues will be up, and FNET revenues will be up a LOT. Losses might well be up, as investing for the future is part of the game plan at the moment. 2) There will be no FTEL PP, as it will not be needed. There will be an FNET PP of about $20M, with FIXED conversion at over $1/share. Some of the $ will be used to pay FTEL for new DVGs and DVGs already purchased (solving FTELs cash problems), but most will go towards establishing new DVG sites. Let's leave it at that, shall we? I agree with you totally about Frank.

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