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To: RADAR ))) who wrote (1396)1/7/1998 10:57:00 PM
From: JKraft  Read Replies (3) | Respond to of 2377
 
Radar,(FTEL)

Today may have been the news we were looking for in FTEL. They are forming a business venture with WCOM (MCI's buyer) to distribute their internet telephony product. I still don't feel comfortable with the fact that FTEL doesn't report (as many BB's don't) and that the # of shares outstanding is not available, and that the profit margin of the expected deal/sales is just not there. The hint is big success based on exposure to many established sites, but how much does FTEL "pay" for hopping on the WCOM train?

Nice move again! Up another buck!

Joanie



To: RADAR ))) who wrote (1396)1/7/1998 11:00:00 PM
From: RADAR )))  Respond to of 2377
 
Lewis and Sergio:

FTEL

When I posted last night that FTEL was getting ready to post a major announcement of a new PARTNER within the next week to ten days I was wrong. The news came out today. WORLD COM is their new partner. The stock price was up another point today with an intraday hight of 6 13/16. Lets sit back and watch the price fly now. Check this out ->>>

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--Jan. 7, 1998--Franklin
Telecom (OTC/BB:FTEL) Wednesday announced that its Internet
subsidiary, FNet Corp., has signed a letter of intent with WorldCom
to collocate Tempest Data Voice Gateways in WorldCom sites.
WorldCom has POP sites that cover the entire world. Initial
deployment will be to major cities in the United States. The
subsequent definitive agreement will facilitate the rollout of the
previously announced FNet Internet telephone network (''FNet Announces
Premier InterNet Telephone Network'' -- Oct. 27, 1997).
The Tempest allows FNet to support telephone-to-telephone
service over a national network, using voice-over-IP technology
developed by FNet's parent company, Franklin Telecom.
According to Franklin's president and chief executive officer,
Frank Peters: ''After signing a definitive agreement with WorldCom,
we should be able to provide coverage from Washington state to
Florida, California to Maine. It will include all major metropolitan
areas. With the deployment of these Tempests, FNet's telephone
service will be available to most of the U.S. population by making a
simple, local call.''
In addition, the WorldCom agreement will allow early deployment
to key overseas locations. Peters continued: ''One of our
priorities is to provide FNet coverage to international locations
which are important to American-based multinational corporations.
We are pleased that our arrangement with WorldCom will allow us to
move into this area more quickly than we anticipated.
''The Franklin Tempest Data Voice Gateways will be interconnected
by a private intranet and the public Internet, thus providing very
low-cost telephone service through our global telephone network.''
According to Peter Thornton, vice president of sales: ''The
move toward voice over the Internet marks a significant change in
the way large corporations will be doing business. It's as exciting
a technological advance as the advent of the fax machine.
''We are well positioned to move into this new frontier. As
we've demonstrated at recent Internet telephony shows, our voice
quality has proved noticeably superior to our competition!''
The Tempest incorporates Franklin Telecom's own hardware
technology, which includes a multiprocessor DSP card for voice
compression and encoding. This technology has proved to offer the
lowest delay across the IP network, significantly adding to the
natural sound of the call.
FNet's network will incorporate several unique features. For
instance, the user can adjust the delivery volume of the call while
the call is in progress by using the telephone keypad. FNet
customers using their authorization codes can also ''anchor'' on the
network. This allows any number of subsequent calls to be made
without having to re-enter a PIN number or authorization code.
The primary business of Franklin Telecom, founded in 1981, is the
design and manufacturing of communications devices, high-speed LAN,
WAN, telco and satellite systems and software. Franklin has an
installed base of more than 100,000 nodes worldwide. Franklin's
Internet subsidiaries, FNet and Internet Passport, provide services
using FTEL products.
For the latest up-to-the-minute information, visit the company's
Web site: ftel.com .

RADAR

RADAR