FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.670

-3.5%

Dec 24 12:55 PM EST

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To: VALUESPEC who wrote (40005)	1/11/1999 11:18:00 PM
From: Al Krasberg	Read Replies (1) of 41046

VS - The convertibles are almost all converted. Don't know how much of the resulting common is being held; JNC might be holding on to some to sell at a higher price, but I think their recent conversions were actually covering previously shorted shares. You said the JUNE 98 quarter would disappoint; it didn't. You said the SEPT 98 quarter would disappoint; it didn't. You said the DEC 98 quarter would disappoint; it obviously won't. It's quite clear that the MAR 99 quarter that we entered a week and a half ago won't disappoint either, as FTEL already has more orders logged than the entire DEC 98 quarter, and is shipping like mad. It appears that FTEL has come through the lean and mean R&D period, and is starting to hit their stride. Let's see what the DEC 98 numbers are; we still haven't heard from FNET. How much will that add? We'll soon know.

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