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

To: Ray Burke who wrote (22788)	12/8/1997 11:19:00 AM
From: Stan Howe	Respond to of 41046

I've read FTEL's CFO message and I'm a little surprised on how low the revenue stream was. I may be mistaken but until FNET becomes a seperate company, all revenue will go to FTEL's bottom line. If that's the case, how does this play out? Total Revenue: $244,000 Hardware revenue: $ 44,000 Lets assume they sold some Cyclones. FNET Revenue $200,000 If the average quarterly bill is $90.00 assuming there are more business users than retail customers. That means FTEL has only about 2,222 accounts. Not many accounts for all the hype involved with getting FNET up as a national ISP. Very little money is coming in with all the services that they had planned to support. Has FTEL ever announced how many accounts they had on FNET? Usually its something you want to brag about if the business is growing.