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

To: Lee Bush who wrote (33418)5/5/1998 2:20:00 PM
From: Lee Bush  Read Replies (1) | Respond to of 41046
 
The 10Q: My cursory reading reveals one major objective as yet not met, and that is SALES. Just as mentioned in the Pres Report, we need to nail down some of these large companies to a commitment. The past business is clearly drying up. Without sales of Tempest, we will be in a real tempest.
Cash position looks good. Do I detect the possibility that FTEL may be looking to acquire some additional companies? This might be a good idea if we could find someone with a good income stream to tie us over the lean months.
Lee



To: Lee Bush who wrote (33418)5/5/1998 2:20:00 PM
From: LowtherAcademy  Respond to of 41046
 
Lee,
Nice heads up. Not exactly scintillating reading, but at least it's short. It's nice to see that at the current burn rate, they can
go another thirteen months before they have to look for new jobs.

Lew

Darn, looks like a few others read it too.....just dropped .15


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