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

To: Seth L. who wrote (1063)	6/27/1999 1:25:00 AM
From: Gary R. Owens	Read Replies (1) \| Respond to of 2891

Seth, very nice, the proverbial "diamond in the rough" I think you just made up for the last 100 posts. grey hairs, ain't it the truth. cheers, gary

To: Seth L. who wrote (1063)	6/27/1999 8:11:00 AM
From: rd greer	Respond to of 2891

Great job, Seth. Now, to see whether Thomas uses deception or innuendo to counter those facts. Interesting profile developing about his methods. On second look, he'll probably use neither, since he's not great when hit in the face with facts. He'll go straight to attacking the poster. Still, it'll be interesting -- and since he's tied to his computer trashing FCM, he's not being a nuisance to people in the outside world. rd

To: Seth L. who wrote (1063)	6/27/1999 8:53:00 AM
From: Brett S.	Respond to of 2891

Wow, Very nice Seth! I can hardly wait to see the spin. Spin it baby! Let the games begin!

To: Seth L. who wrote (1063)	6/27/1999 9:16:00 AM
From: Noneyet	Read Replies (4) \| Respond to of 2891

A few questions first, before I respond to your list of items ? Do you know if Sparrow Marcioni is still with franklin ? She is listed as the VP. of fcm. Additionally, this site lists the current employees as 20. A poster recently claimed 75 employees ? The information in the link below states it was updated 06/19/1999. yahoo.marketguide.com Also, is this gentleman with franklin any longer ? Scroll down below the middle of the page referenced. tmcnet.com The power of merging voice and data networks, and the resulting possibilities, are so tremendous, that they cannot be ignored. -William E. Hamlin, Chief Technology Officer, Franklin Telecom Has Kevin Kuykendall also left. He was Fnet's president on June 12, 1998. Your remarks will be bracketed; 1)>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Revenues have shown positive increase for 5 successive quarters culminating with this last Q. I quote Frank Peters "On April 30, 1999 we filed our 10Q for the March quarter. Sales for the quarter were $4,270,000. Net income was $382,000. Earnings per share were $.02" >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> I think it is safe to assume the bulk of revenues reported was from usat and jm best ? My opinion on those customers to follow. 2)>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Fnet revenues have increased steadily even though they were poorly managed up until Peter Buswell took over >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> There was a major jump in revenues reported in the Q just passed. Will that continue, you seem to think so, however, I don't know, and will not speculate. 3)>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> On that same subject Bosnia network is currently earning $120,000 per month pro rate that system alone out its earnings are on a pace to achieve $1,440,000.00 per annum. Fact is that network minutes are still growing and so is the network. <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< ftel.com FNet purchased the Bosnia equipment from Harris Telecommunications Systems for an undisclosed amount and will operate the network with Virginia-based Megaburst Inc., a company specializing in engineering development for technology companies throughout the US and Europe. The article above states the Bosnia network produces revenues in excess of $ 100,000 per month. I assume that figure is what you are basing your prediction on ? However, above, I highlighted a part of that same article that states, this network is being operated with Virginia-based Megaburst Inc. How are the revenues for this network distributed between these two firms ( franklin & Megaburst )???? 4)>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> 1 year ago this month Peter Buswell becomes COO of FTEL. Look back and see why this is a positive fact. (No Brainer) He now runs FNET as well. I quote Frank Peters regarding Peter taking over FNET "In nine months, Peter Buswell has achieved phenomenal results in jump-starting sales and revenues for Franklin. I don't know of anyone more capable of creating the same success at FNet" <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< ftel.com About 14 months ago today, James L.Magruder became CEO of fnet corp. A look back will show that this turned out to be a disaster. I quote from frank regarding James L. Magruder at that time. Franklin Telecom's President and CEO Frank Peters stated, "This is a momentous occasion for Franklin. Securing someone with Jim Magruder's talent, experience and associations within the Telecommunications industry means that FNet Corp. will have the leadership it needs as it becomes independent of the parent company. He has both the business savvy and the technical expertise to lead FNet forward in the emerging Internet Telephony marketplace." Mr. Magruder was served with injunctive relief papers recently, as we know. It is worthy of note here, that his response to the injunctive relief papers filed by franklin, is not in hand as yet. As far as I can tell Peter Buswell has two positions, one in fnet, one in franklin. For an analysis on that, refer to franklins filings with the SEC about management attempting to run the two corporations at the same time. I believe it was quoted in those filings as being a negative. Fnet as the subsidiary and franklin as the parent. 5)>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Increase of customer base and repeat buyers >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> You supplied no details on the company names as new and repeat customers, if that is usat and jm best, details to follow on them. 6)>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> FCM Tempest is the gateway of choice to the largest VOIP network in the world <<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<< I assume you are talking about usat, again I'll defer some of my thoughts until I respond to your other points regarding usat. However, below I referenced some articles of interest regarding this point. The first one is taken from Internet Telephoney July 1999, which is a fairly prestigious publication in this industry, as investors here should well know. I don't understand how franklin, or usat, was left out of this round table discussion. As you state; "FCM Tempest is the gateway of choice to the largest VOIP network in the world". Why was the largest VoIP network in the world not invited to speak at this roundtable ??? From Internet Telephoney Round table; tmcnet.com "We asked several industry-leading vendors for their views on the Internet Telephony industry. Their responses appear below." Click on VoIP Gateways for a formidable list of competitors; computertelephony.org Nortel weighs in; tmcnet.com The announcement went on to state that Nortel plans on being a major player in the Internet telephony market — regardless of delivery mechanism…wireless, wireline, or cable. 7 ) >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> OEM agreements with vodavi will lead to another avenue to move product off shelf. First order was for 30 boxes. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Vodavi looks to be at a minimum, a company with a decent revenue and distribution stream. franklin should hang on tight to this company. I don't understand why the stock has such low volume. Perhaps someone knows this company and can explain why that is so. More later, as time allows.