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Technology Stocks : FRANKLIN TELECOM (FCM) -- Ignore unavailable to you. Want to Upgrade?


To: Mitch Aunger who wrote (1011)6/25/1999 2:46:00 PM
From: Noneyet  Read Replies (2) | Respond to of 2891
 
Please read this Mitch,

My oringinal message;

Thanks for the link, although the answers provided by that poster seem to pose additional questions, I'll defer them for awhile as long as I'm not taunted here.

You see you hoped over to raging bull and decided you should add your comments. Without even giving me a chance to respond. NOT NICE !!!

Your comments on raging bull;
ragingbull.com
DBest
ragingbull.com

I would assume that you really want to hear my comments on those posts by dbest ??



To: Mitch Aunger who wrote (1011)6/25/1999 2:49:00 PM
From: mark garner  Respond to of 2891
 
GREAT WORK MITCH!!! A MUST READ FOR ALL. THE FACTS:

just read this post:

ragingbull.com

and this one about cvoz.com

ragingbull.com





To: Mitch Aunger who wrote (1011)7/2/1999 6:40:00 AM
From: Noneyet  Read Replies (2) | Respond to of 2891
 
Hi Mitch,

I need some help on one item that dbest posted to raging bull. He recently said that after he reviewed his notes, ( His notes were taken while talking to Helen at franklin June 25, 1999 ) he had forgotten to add something, he posted the following. Franklin has approximately 75 employees right now. That item should not go unnoticed, but I am curious how these employees were paid, and maybe you can explain it to me ????

dbest post;
ragingbull.com

This table below is taken from 10K annual report filing 9/28/98 salaries for 1998 and 1997. franklins fiscal ends June 30.
1998 1997
---------- ----------
Salaries and related expenses
$ 421,000 $ 277,000

This table below is taken from 10Q Quarterly report filing 4/29/99 salaries for nine month of 1999, including up to March 31, 1999.

MARCH 31, JUNE 30,
1999 1998
---------- ----------
(UNAUDITED)
Salaries and related expense
$ 621,000 $ 421,000

Mitch, keep in mind this table below;

Full year 1998 Nine Months 1999

Revenues $1,377,000 (Full year 1998 ) / 6,443,000 (Nine Months 1999)
Salarys $ 421,000 ( Full year 1998 ) / 621,000 (Nine Months 1999)
Employees(Yahoo) 20 ????????? / Dbest/helen)75 Up until 6/29/99

Now correct me if I'm wrong here Mitch but this means that;

1) franklin took in over four times their 98 revenues in only 9 months of their fiscal year 1999.
2) While increasing the employees to 75 as of June 25,1999 according to DBest quoting a company spokesman.
3) And according to those filings, that did all the above while only increasing salaries a meager $200,000 so far.

I can't wait to see what the end of the year figures look like, because unless I missed something, this is truly amazing. How the heck did they do that.

PS: To L Michael; you will probably have the answer to this, as history has shown and I quote from you below;

"To be honest this may go on a bit more tonight if Tommy Boy wants, but as history has shown...when i start bringing up the real questions about statements he has made he will run and lay low for a few days."

YUP !!!!!!!!