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

To: vic klimpl who wrote (33435)	5/5/1998 3:37:00 PM
From: vic klimpl	Respond to of 41046

2.875-3.00 yes.

To: vic klimpl who wrote (33435)	5/5/1998 4:07:00 PM
From: VALUESPEC	Read Replies (1) \| Respond to of 41046

Here are the facts: <<Results of Operations Three Months Ended March 31, 1998 Compared To Three Months Ended March 31, 1997 Net Sales. Net sales decreased by $153,000, or 32%, from $478,000 in the three months ended March 31, 1997 to $325,000 in the three months ended March 31, 1998. The overall decrease is due to a reduced demand for wide area network products. Initial demand for newly introduced hardware products has yet to be established, in that most shipments to date have been to customers for testing and evaluation purposes. Revenue will be recorded when the customer completes testing and evaluating and agrees to purchase the product. The revenue mix for the three months ended March 31, 1998 consisted of 49% Internet services revenue and 51% hardware product sales.>> VALUESPEC

To: vic klimpl who wrote (33435)	5/5/1998 4:19:00 PM
From: VALUESPEC	Respond to of 41046

<< Revenue will be recorded when the customer completes testing and evaluating and agrees to purchase the product.>>- from the 10Q. When else would revenue be recorded? Before they agreed to purchase the product? VALUESPEC .