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To: Bouf who wrote (86490)	7/26/1999 1:04:00 PM
From: kendall harmon	Respond to of 119973

TRADE-LONG SWRX 5 7/16 This stock is way way oversold Bear Stearns is reiterating its buy rating and has an 18 dollar price target Bear S is confident they will close the deals they did not close in the next quarter do your own due diligence

To: Bouf who wrote (86490)	7/26/1999 1:04:00 PM
From: David D.	Read Replies (1) \| Respond to of 119973

FCM: With news like this, Franklin has GOT to go UP,... eventually. Press Release AMEX: FCM For Immediate Release: July 26, 1999 Contact: Helen West 805-373-8688 Franklin Completes Initial Installation for Star Network Agreement Reached for Franklin to Provide Turnkey Solutions Westlake Village, CA, July 26, 1999-- Franklin Telecom (AMEX: FCM) announced today that the first installation of a previously announced IP Telephony Network (see Franklin Telecom Tempest DVG's to Span the Globe-5/26/99) has been completed and the second installation is underway. The customer purchasing the system is Star Network & Telecommunications which is currently establishing offices in several parts of the world, including a U.S. headquarters based in Cypress, California. The home node for the IP network has now been installed at FNet's Operations Center in Westlake Village, California. An installation in São Paulo, Brazil, is projected to be completed before the end of July. In addition to the previously announced locations in the Ivory Coast, Azerbaijan and China, an additional site is now scheduled for Paraguay. Star Network is purchasing Tempest® System products and will own the equipment within each country. Off-net minutes will run through Franklin's Westlake Village switch, thereby making it possible for Star Network's customers to connect throughout the world from the outset. Following completion of the first installation, the agreement between Franklin and Star Network was broadened to include all design, manufacturing, installation, maintenance and management of the network, making Star Network Franklin's second complete Turnkey customer. Frank Peters, Franklin's Chairman commented, "I am particularly pleased with this announcement for a couple of reasons. First, this is a solid customer for our hardware with strong projected growth over the next 24-36 months. Secondly, with our penetration into each new country, the minutes running through our FNet network are growing exponentially." He continued, "Recently, Peter Buswell, Franklin's President went to South America for a week to personally meet the people we'll be dealing with and to see first-hand their technological landscape. He returned with tremendous excitement and optimism . . .and with commitments for cooperation and minutes that exceeded our expectations. Together with Ronald Weaver, our VP of Worldwide Sales, Peter has established a blueprint that allows us to proceed aggressively with the expansion of our global IP network." The primary business of Franklin Telecom is the design and manufacturing of communications devices, including hardware and software solutions which enable superior quality Voice over IP applications. Franklin's Internet subsidiary FNet provides Voice over Internet Protocol global Telco services. Certain statements in this press release constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements, expressed or implied by such forward-looking statements. For additional information about this Company, visit the Officer's Message page at Franklin's Web Site: www.ftel.com - for Internet Telephony & Franklin's Next Generation Telephone Equipment. www.fnet.net - for Internet Telephony Next Generation Telephone Service. www.franklin.net - for Internet Services, E-Commerce and Access.