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Technology Stocks : Voice-on-the-net (VON), VoIP, Internet (IP) Telephony

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To: Gary R. Owens who wrote (2717)5/21/1999 4:14:00 PM
From: Darren DeNunzio  Read Replies (1) of 3178
 
Re: Franklin

"Now for the March 1999 quarter, our net income is greater than our total sales from the quarter a year ago. We're bucking the trend for Internet companies - we are making a profit!"

Only those who understand Franklin's past will see the humor in this statement.

When I first began tracking VoIP stocks, I rated Franklin near the top. This thread was buzzing with talk of Franklin's clarity. The stock was at 8.00, life seemed great.

Message 2553335

Well for reasons that are too lengthy to comment, Franklin began a slide that destroyed any thoughts of a promising future.

So now Franklin, formerly FTEL, has changed the symbol to FCM. Hired a new public relations firm, and are attempting to rebuild.

I have not followed them for quite a long time, but unless they have solved the problems of the past, I would not expect too much from them.
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