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Technology Stocks : FRANKLIN TELECOM (FCM)

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To: VALUESPEC who wrote (343)5/6/1999 3:50:00 AM
From: David Flood  Read Replies (1) of 2891
 
As much as I am against replying to you I will

I work for a twenty BILLION dollar communications firm. It forms alliances good and bad every day. Some profit, some end up as losers or NEVER BEAR FRUIT. We also start projects spending hundreds of millions then just as suddenly dump it or never bring them to market.

My CEO does almost nothing except sweet talk "the street" and make unusual, sometimes questionable decisions about everything from HR policy to mega-mergers. Some alliances (such as a major one with Apple) went south so fast the ink wasn't dry on the agreement. He and his cabinet draw in excess of 20 millions in salary and OTHER compensation. Stock ops is just one of these as well as interst free loans. He regularly announces his intention to sell stock as he accumulates. Does he? I have no idea. Has he got rich from this company YUP. Have we struggled YUP. Have we succeeded? probably

Sound a little like FCM. Yes, because ALL companies big and small do virtually the same thing and I for one have no problem with a 20 year CEO taking some rewards whether just or not. THE COMPANY IS STILL VIABLE AND GROWING BY ALL REPORTS. He MUST BE DOING SOMETHING RIGHT.
I trust him and THAT IS WHAT COUNTS. Will I make a bunch of money here, probably not but iys a risk I take with free mind and conscience. Its been a fun ride and learning experience if nothing else.

Why you have such a "hard on" for this company and its supporters is beyond me. I bought I am satisfied so far. I am also in the black. If I had more discretionary money I would probably stick some more in as I have done in the past.

You continue to produce regressive comments that are historical fact and fiction. Either get into the fray for real or FUCK OFF I care not.

You will one day get tired of bashing something. By then you may or may not be still mentally viable or certifiable..

Regards
DAve FLood
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