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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 1.470+20.5%11:12 AM EST

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To: X Y Zebra who wrote (40692)2/5/1999 12:07:00 PM
From: Mitch Aunger  Read Replies (1) of 41046
 
New CFO message:

ftel.com

Excerpt:

February 5, 1999

Sales for the quarter ended up at $1,240,000, or a 33% increase from the previous quarter. More striking is the comparison to the same quarter a year ago. When sales of this quarter are compared to sales of the same quarter last year, the increase is 337%. What a difference a year makes. Most of the increase was due to increased Tempest DVG sales.
The net loss for the quarter was $1,290,000. The loss is primarily due to the expansion of the FNet infrastructure in anticipation of future revenue.
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