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

To: Gary R. Owens who wrote (30900)	3/24/1998 11:57:00 AM
From: norm	Read Replies (2) \| Respond to of 41046

Yeah, I suggest that "someone" who buys the 1M shares be Frank or one of the other FTEL officers! Norm PS A vote of confidence by FTEL in their own company would be very useful about now

To: Gary R. Owens who wrote (30900)	3/24/1998 12:05:00 PM
From: VALUESPEC	Respond to of 41046

Owen, I think that is an excellent idea to ask the PR firm what their reply to the Raging Bull's comments is. If they don't refute it, I wonder what that will mean? Someone e-mailed me this. It is in regards to the article: * * * * * * Will the bulls need more confirmation than this that Frank etal has sold ?? Check this out !! It might be a good idea to provide the link and the text of this article on the ftel board. ragingbull.com <<Other Technology News of Interest Franklin Telecom (FTEL) was even in today's trading, closing at 3 5/8, after the company announced that it had completed a "definitive" agreement to roll out its Internet phone network. In conjunction with WorldCom (WCOM), the company said in a press release that its Internet subsidiary, FNet, "will offer its Tempest Data Voice Gateway to a number of cities in the United States via the WorldCom network." Frank Peters, CEO of FTEL, said "with this, we are now able to expedite our plans for establishing a world-wide, carrier class network, offering customers an unparalleled scope of services." Based on recent action in FTEL's stock, however, it appears investors are not totally enthused about FTEL's future prospects. Some of the concerns are probably related to the recent barrage of low cost competitors. One well-funded competitor, Qwest Communications (QWEST), recently announced a 7.5 cent per minute phone to phone IP telephony service rate. Last Thursday, I-Link (ILNK) introduced an even lower 4.9 cent per minute rate over its IP telephony network. Investors are also probably concerned about FTEL's ability to sell its hardware. Deep-pocketed competitors like Cisco Systems and others are moving quickly into this market. The other issue lingering in the minds of investors is the prevalence of insider selling. In the fall of 1997, CEO Peters sold over 700,000 shares (out of 16.135 million outstanding). This year, he has sold an additional 639,300 shares and fellow executive Thomas Russell has sold nearly 180,000 shares. >> * * * * * FTEL: $ 3.53b $ 3.56a vol 107,100 VALUESPEC