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

To: Gary R. Owens who wrote (25764)	1/24/1998 8:32:00 AM
From: VALUESPEC	Read Replies (5) \| Respond to of 41046

<<(2) FTEL needs to make our name as well known as those other companies that are currently associated with IT.>> Gary, FTEL is just a peanut. Getting listed on the small cap NASDAQ (as opposed to the regular NASDAQ) is not going to change much for FTEL (though after about three months they will become marginable). FTEL is getting where it is by selling equities, not making money. In fact, their revenues are only about $ 200,000 per quarter (we'll be looking for revenues to increase dramaticlly by no later than the July 31 period, right?). The CEO will make a big windfall if FNET IPO's as hoped. He has all the reason in the world to make things sound as positive as possible. As someone recently found out, some of the series C shares become available for sale soon (March?). Often small companies will announce news which is likely to prop up its share price just before a larger number of shares are to potentially be sold (hence the timing of the FNET and NASDAQ listing?). After FNET IPO's (assuming it does) and the shares are sold (if any are sold), we'll see if the tempest, etc., ever sell well. I don't think it will. I know. I don't know what I'm talking about. It's amazing how hyped stocks usually respond in the same way. So many investors are such easy prey. These CEO's must get a real kick out of it. FTEL: about $ 5.20 per share. VALUESPEC valuespec.com