To: Bill France who wrote (29030 ) 2/28/1998 11:55:00 AM From: Ward W. Ward Read Replies (4) | Respond to of 41046
Bill, You are right about "actual" numbers, that's why I used the word "potential" gross sales. My whole reason for doing such a calculation is to give an indication of the current production capacity. It still remains to be seen how many Tempests they can sell in a year. Frank did mention that it would take between two weeks and three months (depending on how busy they were) to manufacture and deliver on a 100 unit Tempest order. I had the opportunity to go through the production facility with Elk and Skibare (from yahoo thread) and they were trying to get an estimate on how many Tempest were currently in production. I'm sure when Elk gets back to his keyboard, we will have some interesting observations. Bill, you have to know that I have owned FTEL for over four years and I have never felt as good about this company as I do today. Does that mean that it is not a speculative investment? No. But it does mean that I see a great potential in a company that is positioning themselves in a new industry with a great product and a great team of people who are committed to making their company and their products the best on the market. For example, in my research, I remember reading that the IP voice market is nothing compared to the IP FAX market, and yesterday we all heard that Franklin has the first and only IP Fax server on the market. That says a lot more to me than, they just that have a fax server. Frank is on the cutting edge of the IP Telephony market. Little old Franklin! And you and I, and a whole lot of other folks are part of it. I have always looked at my investment in Franklin as a long term thing. I am not worried what the share price does in the short term. Several people mentioned to me yesterday that if the price drops they will buy more and so will I. But I think we have seen 4.50 for the last time. JMO. Long on FTEL, but not suffering. Bill