To: Judith who wrote (26455 ) 1/31/1998 8:41:00 AM From: VALUESPEC Read Replies (1) | Respond to of 41046
<<Maybe you could ask the status of the delivery of the Intrine order>> Judith, was that a "pure order" or a purchase based on a partnership arrangement? Since it is not clear to me, and the press release was odd, in my opinion, I don't give that order much weight at this time. Even with a most optimistic opinion on that order, the sales are insignificant when viewed against the current stock price of about $ 5.00 for FTEL. I might also say, again, that Intrine is not a "major company" in my book. I feel misled by the company based on that and, therefore, take much of what they say "with a grain of salt". <<While you are asking questions, please ask about sales of equipment other than the Tempest, and what the current income is from FNET subscribers.>> The sales can be found in the past SEC documents (though I'm confused why I don't see 10Q documents. I guess the S-1 took the place of them. I'm not sure, but it is making it hard to track quarterly performance). According to the CFO in his Jan 5, 1998, message, sales will be flat overall for the most recent quarter, not yet released. That means they only have revnues of about $ 250,000 per quarter still ! I will later post past press release statements that show one could have expected a higher revenue amounts by now based on past statements, IMO. Link to the CFO message:valuespec.com << We have seen enough speculation, positive and negative, about the earnings . . .>> Where? I'd like to make links to earnings estimates so I can track how accurate the posters were. I found Raleigh's, so far, but not others. Raleigh's is prediction, as I understand it, is for $ 1.00 EPS and it seemed from his post that he expected that to be achieved fast. What is fast? Well, Raleigh hasn't said, but if they are going to achieve $ 1.00 EPS fast, then I would expect them to at least break-even nine months after Raleigh's "prediction". VALUESPEC predicts that FTEL will not even break-even by the quarter ending June 30, 1998 and that sales will continue to be disappointing (Almost nine months after Raleigh's statement). Now, what is your prediction? I'll finetune my prediction as I continue to study. <<If you still have time after that, maybe you both could do some additional research and tell me the difference between the IP products being offered by CSCO and the FTEL's Tempest, if they are going after the same corporate intranet market, and whether I should be concerned about that competitor.>> It would probably take me a long time to master that. However, if FTEL ever produces meaningful sales in something, maybe I'll take more time reasearching that aspect. Is that fair? However, perhaps in the meantime, you can explain the differece for me and those who don't know the difference, and I'll add it to my website for us to reference. VALUESPEC valuespec.com