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


To: P.F. who wrote (1538)7/30/1999 8:38:00 PM
From: lostmymoney  Respond to of 2891
 
Good post P.F., I wonder also why the "amazing faith".
FCM has no legs (past) to stand on, and continue to find a crutch.
I have read article after article on VOIP, and have never seen FCM
mentioned as the CEO and COO insist they are in the front running.
The referrence to Buswell's "collegues" i.e. Cisco, LU is almost foolish as his request for them to a challenge. Got ignored, or never saw it. This past quarter, unless some unknown future BIG customer comes along between now and Sept, really puts them back IMO. As if there was a backstep :) Yes, this stock would need to have the 614% share rise in order for many to catch whats left of the market rise over the last 3-4 years. Thats a long time! Maybe they are gettin some Fnet shares? (for what they are worth :)

Thanks
Mike




To: P.F. who wrote (1538)7/30/1999 9:59:00 PM
From: Seth L.  Read Replies (1) | Respond to of 2891
 
Well P.F. if I had my whole portfolio here I would agree with you. I have other investments. I trade and I hold. I view my portfolio on avg return basis. FCM is not the only stock that people get hurt with long term. One of the most successful growth stock over the last 30 years DIS (Walt Disney Co.) one year ago today was 36 bucks a share. Today 27 1/2. I have owned DIS for 7 years you think I should sell? Or should I have bought more when it was 22 in September?

Finally, I am not loyal to FCM I am loyal to my DD. If Franklin really does do something that indicates to me that I should say goodbye, I am gone. All I see is risk reward here.

You still own some so I guess you have your reasons. Those are mine.

Sethy