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

To: Pat Garaffa who wrote (33432)	5/5/1998 3:23:00 PM
From: vic klimpl	Read Replies (4) \| Respond to of 41046

In a conversation with Tom Russel many months ago, Franklin made a decision to carry the evals on there books and only record it as a sale when the check was in the bank.Not to belabor the point, but this is very conservative accounting.If franklin has out just 50 eval units then it would account for at least 1/2 mil in cost or loses.If they are returned and then sold to fnet as they would be recorded as a sale with no corresponding cost and drop to the bottom line.This would also be true for customers opting to keep and pay for the evals.So what is this quarters loss is next quarters gain.I personally would rather see the evals kept by most companies and added orders commence. However if they are returned and quickly deployed in our fnet network and produce service revenue quicker thats ok to.You see boys and girls it doesnt matter how you get rich but just get rich.