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


To: Neil Wicker who wrote (25755)1/23/1998 3:18:00 PM
From: George Kirlin  Read Replies (3) | Respond to of 41046
 
Neil, I hope we can get a meaningful discussion going on this one, because it lays out alot of costs and possible dilution, with absolutely nothing in it to support the stock price. No sales, no earnings. We are all flying on Frank's wing and all our collective prayers. What a great way to make investments. Raleigh sez speculative? Tom and what's her name, have every right to come on here and speculate to the downside. On paper, this company looks terrible. If FNET does IPO before July, that will dilute FTEL ownership below the 64% level. With maybe another 1.7 mil FNET shares I haven't figured the math yet. Could you ask for some info, re their business plan when you are there? Like whatever, Frank is presently to possible underwriters? They have to be convinced this is going to fly and fly big. So what are the projected revenues from hardware sales and FNET business? Could you smuggle something out???