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Technology Stocks : FRANKLIN TELECOM (FCM)

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To: Ken Morrison who wrote (543)5/28/1999 11:01:00 AM
From: Seth L.  Read Replies (1) of 2891
 
Geez Ken slow down a little. You stated :
If the company is progressing both should be very positive. This is true of both FCM and FNET. I would like to see as a minimum, at least a doubling of FNET revenues. This should be easy to do, IMO

Man you are pushing a little hard. FNET is still very much in the infancy stages. Expecting 1M+ just from FNET for 4th quarter I think is setting you and those that read you up with a real disapointment. Remember as USAT grows with more Super Pops that means less off line usage which FNET gets a piece of. Also many new FNET JVs are also still building out. So please realize that it takes time to build up the revs you are looking for in FNET. As for FCM they only book to the quarter what is shipped. Since we have no idea what has shipped we can not assume anything in the revs. I will be pleased if they can continue to show serious increases of revs compared to same quarter last year. If they meet or beat last quarter that is gravy as far as I am concerned. So please tone it down on your expectations and try not set yourself and other readers up with high expectations only to be disappointed with the results if they do not measure up to your lofty goals.

Just My Opinion

Sethy
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