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


To: STK1 who wrote (34311)5/30/1998 2:20:00 PM
From: River Rat  Respond to of 41046
 
I too am anxious for a rise in price but here is an old truth: the price of the stock does not determine the success of a company but the success of the company will determine the price of the stock. As long as Frank and crew do what is best for the company IN THE LONG RUN , we will all do quite nicely. Using up valuable cash assets in lieu of system deployment to alter stock price, imo, would not be prudent. there is always the chance such an effort would fail, then we would be in a predicament. All is going well in my view. it gets more exciting as we get closer and closer and thus , even though I am in for the 25+ price, I too am anxious. We have a good company and good leaders and, if I say so myself, a pretty darn good group of shareholders --- we will prevail!!! ITT and AT&T, subsidiaries of FNet Intergalactica. Roll Tide and have a great weekend



To: STK1 who wrote (34311)5/30/1998 11:53:00 PM
From: Seth L.  Read Replies (3) | Respond to of 41046
 
Charles I know a lot here agree with you but I do not. I am very confident that by using a buy back would be viewed as a band aid and another excuse for MMs to walk the price right back down. Aside from the fact that they need the capitol to buy it back with. Lets face it, if as you say "fnet starts producing revs and we get sales" we would not need a buy back to go above 10. Conversely based on what we all hope will happen this float will be tested seriously and a split maybe in order by spring 99.

JMO

Seth