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


To: Judith who wrote (26455)1/30/1998 2:51:00 PM
From: Ray Burke  Read Replies (1) | Respond to of 41046
 
Good post Judith,
"here to feed your own egos," .
I wish they would have just come out and said that, because here is the place to go!!

web.syr.edu
ego booster
Ray



To: Judith who wrote (26455)1/30/1998 3:01:00 PM
From: rd greer  Respond to of 41046
 
JUDITH! CLAP, CLAP, CLAP (imagine a standing ovation, lady!). [EOM] rd



To: Judith who wrote (26455)1/30/1998 3:11:00 PM
From: Noneyet  Read Replies (3) | Respond to of 41046
 
Judith,

I would have a problem calling Ftel to find out if they have even paid for that 800 number you refer to ( the call is free ), never mind to ask if they feel they will have any earnings soon.

Without referencing your post, for reason's only you will understand, I would point out that most recently even you had serious questions regarding your investment in this company. Please let it suffice to say, that you posted them on this forum and I guess to anyone who would or could answer you.

So in answer to your suggestion that I or we call ftel, I would say, to what avail ?, to hear more sensationalism ? I am not here to feed an ego nor can I afford the time. Frankly, I don't believe much of what is said about Ftel and hopefully, I can temper some of that with my questions. We both know the answers to most of my questions are sincerely hard to obtain from any source. The only hard documented facts re: ftel are the SEC documents it files.

As for Csco competing with Ftel's DVG, I could not and would not attempt to answer that, except that if there is money in the DVG I'm sure Csco will be there.

If you are wondering about my reason's for posting here today, It started when I saw the mention ( made fun of ) of my name by Vic Kimpl, in one of his recent posts. I " do not " make fun of anyone here and expect the same in kind.

By the way, aren't you curious about the attempts to boot detractors off this board. Before you respond, please read VK's posts.

Tom



To: Judith who wrote (26455)1/30/1998 4:06:00 PM
From: lostmymoney  Respond to of 41046
 
Thank You Judith EOM



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



To: Judith who wrote (26455)1/31/1998 9:25:00 AM
From: Noneyet  Read Replies (2) | Respond to of 41046
 
Judith,

After looking over your post to me, I think I can assist in answering some of your questions, in the post I'm responding to, you asked;

>>>> While you are asking questions, please ask about sales of equipment other than the Tempest, and what the current income is from FNET subscribers.<<<<

This is taken from Ftel's most recent SEC filing Jan. 27, 1998. Link below.

freeedgar.com

The Company has incurred operating losses in each of its last three fiscal years and and for the three months ended September 30, 1997, and has an accumulated deficit, as of September 30, 1997, of $9,935,000. The Company's operating losses have resulted from a number of factors, including reduced demand for the Company's legacy hardware products, increasing expenses relating to the development of new hardware products, expenses related to installing the infrastructure for the Internet services business of its majority-owned subsidiary, FNet, and increasing sales and marketing expenses
to promote new products and services.

While the Company's revenues for the year ended June 30, 1997 showed a
significant increase over the revenues for the prior period, 38% of the increase was due to sales of the Company's Wide Area Network products to a single customer, Revco Drug Stores. Such products are technologically dated, and the demand for them during the period was due principally to expansion of the business of the customer that already had a significant investment in a wide area network utilizing the products. Accordingly, there can be no assurance that revenues for subsequent periods will remain at these levels, and it is unlikely that the Company will receive significant additional orders
for its Wide Area Network products from this customer or others.

" Please peruse the parts referenced above re; legacy hardware products and wide area network products."

You also asked if I would call Ftel and ask frank if he felt that his salary was excessive ? I would assume the answer to that is obvious, as he has been part of the board that votes on that issue, and in fact assists in assigning his salary. That is not an abnormal practice. I only question the amount taken or owed to him, during this product transition period.

Also, Judith, I have a question that I would like to ask, didn't you not too long ago, cancel your Ftel ISP account, because you were displeased with their service ?

Tom