SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : FRANKLIN TELECOM (FCM) -- Ignore unavailable to you. Want to Upgrade?


To: Seth L. who wrote (1623)8/16/1999 7:20:00 AM
From: Noneyet  Respond to of 2891
 
Let's take a good look at fcm's thread liars. Who's the liar here.

fcm closed friday @ $ 1. 437. One of your first posts to ftel thread was made on Feb. 1997 fcm price was almost $ 6.00.
quicken.com

Dow Jones Feb 1997 = 6,500 / Today = 10,973
quicken.com

Nasdaq Feb 1997 = 1,300 / Today = 2,637
quicken.com

seth's fcm is "The Next Home Depot" Feb 1997. Oh yeah, I lied when I made this prediction, during the biggest bull market in the history of the world!!!
Message 782645

seth's ""So be gone before someone drops a house on you"
Three weeks after your post above and in Feb 1997, you came out of your fcm lurking closet and you are going to track and expose a poster's identity. Looking back this was very important, you see the company and the stock 2 and 1/2 years later has proved you right", DIDN'T IT, during the biggest bull market in the history of the world ? You sure did a good job of tracking and exposing a negative poster, and then letting fcm trade without "LIES", DIDN'T YOU ???

exchange2000.com

seth's "FCM Makes Money Like The Tolls & Restaurants on The New Jersey Turnpike". Oh yeah seth, and I love the disclaimer "More for Seth to Buy", "The Stock is Wound Tighter than Mt. Saint Helen's", "It Sure Seems Unlikely You'll Lose Any Money in FCM". Oh yeah seth and I lied when I made these predictions, during the biggest bull market in the history of the world.
exchange2000.com

seth's ode to fcm April 29, 1997. Fcm @ $ 3.00 but it's going to $ 35.00. Oh yeah, I lied when I made this prediction during the biggest bull market in the history of the world.
Message 1291729

seth's "Not Miller Time Yet" April 29, 1997. They are all buying from fcm!! Yea sure they are, seth just forgot to tell them, that's all. I lied when I made this statement, during the biggest bull market in the history of the world
Message 1296777

seth's "You Got to Believe" May 1997, Time will tell that doubting Thomas" What's the new time horizon NOW seth, next week next month next quarter next year, by the change of the next Millennium in the year 3000". I lied when I made this statement, during the biggest bull market in the history of the world ?
Message 1412770

seth's "Boeing's New Jet, Hmmmmm" June 1997. Boeing new jets complete with internet telephoney, Hmmmmmmm
Message 1679921

MORE "LIES" IN MY NEXT POST"



To: Seth L. who wrote (1623)8/16/1999 7:52:00 AM
From: Noneyet  Respond to of 2891
 
More lies.......

A little background first.

You are asking the same people for advice that told you to buy at $5.00, hold or buy more at $4.50, $4.00, $3.50, $3.00, $2.50 and now at $2.00. WHY would you want their advice?
exchange2000.com

seth makes the following excerpt regarding honesty;
>>>>>>>>
Back to biz. Anybody that attempts to question Mr. Baughmans honesty and motives have me to deal with. I have known Raliegh for just under 2 years. By no means do I know him very well, but I do know him well enough to know that anyone that questions this mans character has his/her light switch set on dim
>>>>>>>>>>

exchange2000.com

A poster named Andrew has a question about honesty;
>>>>>>>>>>>
Andrew,
There's a big difference between hype and informed thought. Hype=BS,
what I have contributed is based on fact, and/or informed conclusions based on the knowledge of the industry.

When you have spent an entire year researching a company from head to toe, then you will enjoy the right to call me anything you wish. I am not paid by FTEL or any other company, to promote their stock, period.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

exchange2000.com

What WERE YOU SAYING about honesty, SETH;
>>>>>>>>>>>>>>>>>>>
Others named in the SEC?s suit are:
* Roland R. Baughman ("Baughman") of Cuyahoga Falls, Ohio. In February 1996, the complaint alleges, Johnson paid Baughman with cheap IMP shares to promote IMP?s stock on the internet. From his home computer, Baughman began aggressively touting IMP on the Prodigy Services Money Talk bulletin board in February 1996, but he did not disclose that he was being paid for his touts or that he himself was selling shares while recommending that others buy them.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

sec.gov
exchange2000.com

More Lies In My Next Post



To: Seth L. who wrote (1623)8/16/1999 8:11:00 AM
From: Noneyet  Respond to of 2891
 
More Lies................

seth says you are going to deal with him, Oh Yeah seth;
>>>>>>>
Back to biz. Anybody that attempts to question Mr. Baughmans honesty and motives have me to deal with. I have known Raliegh for just under 2 years. By no means do I know him very well, but I do know him well enough to know that anyone that questions this mans character has his/her light switch set on dim
>>>>>>>>>>>>>>>>>>

The Hype
exchange2000.com
exchange2000.com
exchange2000.com
exchange2000.com

Wow Bruce you sure can pick em ?????
NVID = $.10 cents / STILL HALTED DCTC = $ 1.00 traded as low as 68 cents Friday / FCM = $1.437
exchange2000.com

The Result; NVID's Board of Directors Are Arrested

exchange2000.com

What was that you were saying about "LIES" SETH.....
>>>>>>>>>>>>>>>>>>>>>>>>>>>
Walter,
*****OT++++++
I was in on one of Mr. RB's "scams". Do you recall NVID. I went to Tampa, Fla. to testify in a trial against the former CEO but Mr. RB was not named in the suit. He should have been.
>>>>>>>>>>>>>>>>>>>>>>>>>>
exchange2000.com

SETH, What did you say about LIES, I did not hear you;
>>>>>>>>>>>>>>>>>>>>>>>>>
Ken,
I was introduced to NVID by way of RB as well. I accused him of these tactics over on SI: NVID way back. Hope the SOB gets his and then some!!!
>>>>>>>>>>>>>>>>>>>>>>>>>>
exchange2000.com



To: Seth L. who wrote (1623)8/16/1999 8:33:00 AM
From: Noneyet  Respond to of 2891
 
More Lies..........

Were there any lies in this seth ?????

dbest's post below, wherein he states; that helen told him that; both State & Federal courts upheld franklins injunction vs Magruder to honor his non compete.

Dbest post;
ragingbull.com

Now we know that something is wrong with this because of the following announcement made by usat, on June 30, 1999, just five days after dbest claims helen told him that Magruder left to "TRY" TO WORK FOR USAT and that two Courts upheld franklin's non compete clause in an injunctive action. Well if those two courts upheld this non compete, how in this world was usat able to hire Magruder, five days later ?

usatalks.com

MaGruder is not TRYING to work for usat according to that press release............

Will someone be paid a visit by the SEC over the lies / rumors above ? Or did fcm / fnet make a settlement with Magruder in those five days between dbest's post and the usat announcement above ? Or did dbest LIE OR SPREAD FALSE RUMOR WHEN HE STATES THAT HELEN RELATED TO HIM WHAT HE POSTED If dbest did not lie, and fcm DID make a settlement , will it be similar to the AT&T settlement where The Terms of That Settlement Were Not Disclosed ?



To: Seth L. who wrote (1623)8/16/1999 8:41:00 AM
From: Noneyet  Respond to of 2891
 
It would seem from your posts you hope to rest the blame for this stock's share price demise on someone, anyone, with your BS remarks.

It is high time that you blame yourself and others for the Tall Stories / Hype / Lies / BS Expectations, both then and now, that you have constantly put forth.

I remain here with both FACTS AND MY OPINION OF THOSE FACTS, COUNT ON IT

Your tall stories about other's lying, when in fact it has been you and this board will not change my decision to post here.



To: Seth L. who wrote (1623)8/16/1999 5:46:00 PM
From: VALUESPEC  Read Replies (2) | Respond to of 2891
 
<<LOL DD ,,, I am very confident now that the readers of this thread have drawn their conclusion of the liar.>>

I have found Thomas Sousa's words forthright. I have found your posts questionable.

Keep up the good work Thomas.

FTEL: ~ $ 1.50

VALUESPEC



To: Seth L. who wrote (1623)8/18/1999 8:43:00 AM
From: Noneyet  Respond to of 2891
 
More lies.............

Someone asked about usat's status, well here is the lastest report from the battle front regarding usat. It seems this poster thinks the stock has gone into hibernation.

messages.yahoo.com

This is most interesting because from usat's lastest SEC filing, it seems usat is in a big time cash bind. So it would seem the above post is credible. Plus usat is claiming that they have outstanding accounts payable to primary equipment and service suppliers. That is also interesting because fcm was usat's primary equipment supplier and as fcm has claimed that were paid in cash and that sometimes they were paid in advance. The following is taken from usats 10Q filed 8/16/99, for the quarter just ended.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
"As of June 30, 1999, approximately $2.4 million in equipment purchases and installation costs were in accounts payable as compared to $2.5 million at December 31, 1998, reflecting purchases made from primary equipment and service suppliers. Cash on hand at June 30, 1999 was $246,746 compared to $4.338,438 at December 31, 1998.."
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

More Lies In My Next Post



To: Seth L. who wrote (1623)8/18/1999 9:20:00 AM
From: Noneyet  Read Replies (1) | Respond to of 2891
 
More lies............

Let's take this usat mess a step further, shall we.

Link to fcm press release in which usat orders 1000 breeze systems. To quote fcm; "Our first order for the Breeze was placed by USATalks today for 1,000 systems.'"
biz.yahoo.com

On June 18, 1999 only 12 days prior to usat closing out their quarter, fcm reported that usat had ordered 1000 breeze systems. I would like to know how usat was able to effect this order with a balance of cash on hand of $246,746, plus the amount of money they then owed to equipment suppiers etc. It gets even better as the ceo of fcm in a shareholders message made on July 21, 1999 a little over one month after his press release about usat placing the order for 1000 breeze systems DOES NOT EVEN MENTION USAT'S 1000 BREEZE ORDER.

Other Pertinent Questions

1) Why did Magruder leave fcm to go to work for usat ??????
2) What will those 75 employees claimed in fcm's profile be doing now ???
3) What was peter buswell's referring to in his web statement on May 29, when he had just recently challenged his colleagues at Lucent, Nortel, Cisco and any other competitor to point to an installation the size and scope of that which we have built to date for our customer. This statement was made about two weeks after the Magruder lawsuit was filed in which fcm claims they received a letter from usat halting that contract and payments. Futhermore he stated; I would share that this network is planned to expand significantly, on a monthly basis, well into the next century. We all know he was referring to usat, as the beginning of his satement mentions how fcm's customer must resolve the challenges facing them.

What I would like to know is how these statements are put forth especially the one about the significant expansion of this network. franklin / fnet had just filed suit against a former employee and in that "FILED COURT DOCUMENT" fcm / fnet claims usat had suspended shipments and payments. Yet two weeks later a claim about this same network is made that the network is expanding significantly ?????



To: Seth L. who wrote (1623)8/18/1999 10:13:00 AM
From: Noneyet  Respond to of 2891
 
More Lies.............

Hey sethy where's the backlog. How is fcm going to be next Home Depot, collect all those tolls and own all the restaurants on the Jersey Tpke. that you referred to in your 1997's posts, when this quarter begins with no backlog, DURING THE BIGGEST BULL MARKET IN THE HISTORY OF THE WORLD ?????

Last Quarter;
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
This represents a 230 percent increase over the previous quarter's $1.2 million. The $4.1 million figure does not include a backlog for $2.6 million in orders that have already been booked for delivery during the current quarter.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

This Quarter;
No mention of any backlog.
biz.yahoo.com

Some other curious quotes from peter buswells internet statements;
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
. The fact remains that we are a demonstrated and proven technology leader and that fact is of growing importance in a world of hype and misinformation.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

I Wonder What Headlines He Was Referring To In This Part Of His Statement Referenced Below; The only current public headlines at that time, were the ones fcm had put out and they were all positive.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Let's try to look past the current headlines and nasty speculations of the 'bulletin board" manipulators and other naysayers. We have performed and I expect that sooner, or later, the market will recognize what we are doing and our stock price will more appropriately reflect our value.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>