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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?

To: David McCleary who wrote (22678)	12/6/1997 1:02:00 AM
From: David Hurd	Respond to of 41046

David, Book Value and Price/Book are to seperate things. DH

To: David McCleary who wrote (22678)	12/6/1997 1:09:00 AM
From: David Hurd	Respond to of 41046

<<They all have half-way respectable P/B's which justifies their valuation>> Sorry again David, but their values are justified by their future earnings potential. Maybe I am wrong, but I don't really hear to much importance being given towards P/B and Book Value for high growth micro caps???? DH

To: David McCleary who wrote (22678)	12/6/1997 1:19:00 AM
From: Secret_Agent_Man	Respond to of 41046

David, I'll give you credit for trying to add credence to your discussion but, those assumptions might apply to know quantities FTEL, has an unquantifible potential at this time. As for your statement about "respectable P/B's, VOCLF does not have one. Also,NSPK has a negative PE. Which one of them is about to announce deals with Major Carriers for their products? No, I'm not referring to D.Telecoms, "stake" I'm talking about DEALS! for Products? Say this over and over MAJOR CARRIER, MAJOR CARRIER, MAJOR CARRIER 3 times. IDTC/PE=444.38 /NSPK PE=N/A// oh yes IDTC float=18Mil+ INTL is respectable but what do they have of their own? bg