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

To: semi-recumbent who wrote (27322)	2/6/1998 10:26:00 PM
From: semi-recumbent	Read Replies (1) \| Respond to of 41046

Hi Sam<G>, I found this on the FTEL WEB Site: February 6, 1998 Franklin filed for listing on the NASDAQ National Market System on Friday, January 9, 1998. The application process is proceeding normally. We received a list of questions and requests for further information last week, which we have responded to today. Hopefully, in a few of weeks, we can complete the process. However, it all depends on NASDAQ's work load. The 10-Q results for the quarter ended December 31, 1997 have been filed with the SEC today. In summary, our sales were $284,000, with a net loss of $868,000. The results are comparable with the previous quarter, and again, there are no surprises here. Although, the sales are slightly ahead of last quarter, the Data Voice Gateway (DVG) sales are not a material factor, as yet. Most of the DVG shipments to date have been for evaluation purposes, and thus cannot be booked as sales. We do expect sales to pick up towards the end of this quarter, with some of the evaluation periods ending and the related customers beginning to order DVGs. You can access the 10-Q on the SEC's EDGAR site, our get your copy by contacting Helen West, shareholder relations at (805)373-8688, when the 10-Q is available. Thank you for taking the time to read about our Company. -- Tom Russell Certain statements in this material constitute "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance, or achievements of the Company to be materially different from any future results, performance or achievements, expressed or implied by such forward-looking statements. -Sam