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

To: William Harvey who wrote (25814)	1/26/1998 10:31:00 AM
From: VALUESPEC	Read Replies (4) \| Respond to of 41046

William, the FTEL story, as you stated it is a good one. However, you are talking about a company with $ 200,000 in revenues per quarter and a CEO who makes $ 300,000 per year and has tons of stock in FTEL and the IPO (if it ever happens) FNET. Since the company has not produced anything, in my opinion, that is meaningful (WCOM is getting close but has no sig results yet) it is all just talk- and talk is cheap. Talk is paramount to hype in my opinion. I would caution you that until the numbers arrive- strong undebatable numbers, that FTEL is little more than a story. Also, watch for PR releases in an attempt by management, IMO, to keep the FTEL fire going. I find it imperitive to read the PR releases very carefully and with a very skeptical eye. If it isn't very clear, and absolute in what it says, then I give little weight to it (accept for a short-term trading opportunity). Again, the similarities between FTEL and RACE, to me, are striking. I suggest that anyone go back to Marshall's posts on the RACE board and compare them to Ralleigh's here. The strong opinions and opinion bashing are similar, IMO (I don't think they are the same people at all, just that these two companies are a lot a like and have gurus who both sounded good, for what that information is worth). VALUESPEC