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

To: Seth L. who wrote (34314)	5/31/1998 9:41:00 AM
From: Bill France	Read Replies (1) \| Respond to of 41046

A split upcoming in Spring '99? At what level (price) might your crystal ball say the price would (will) be then? Thanks from sunny, warm Florida this cloudless day...... Bill

To: Seth L. who wrote (34314)	5/31/1998 12:58:00 PM
From: topwright	Read Replies (2) \| Respond to of 41046

Seth, I wholeheartedly agree with you, a buy-back is not needed and would serve no sustained beneficial purpose to the company nor its shareholders. When people begin to accept the fact that Franklin is positioning for the big time, only then will they begin to realize how ridiculous such a ploy would be. For us to make it into the big leagues it takes institutional involvement. For institutional involvement it takes liquidity. It is not worthwhile for most institutional players to become involved for less than a few hundred thousand shares. When that number constitutes over 5% of a float they won't get near it usually. Right now Franklin has close to what is considered an ideal environment for institutional involvement, what is needed is a compelling reason to get involved. I don't think I'd be so bold as to make a forecast on a split, but I wouldn't rule one out if all goes well between now and next spring. If an when institutional demand is there and the fundamentals of the company dictate high growth, a split would be in order. Right now I remain focused on basic progress as Franklin starts to come out of the gate. I feel Franklin's management have been very meticulous in making sure the horse remains in front of the wagon i.e. being patient and laying the groundwork (products, services, alliances, executive team) to build upon, and now they are in the process of securing the financial means to go forward. We are but a month or two away from being operational on the FNET side of the equation, at the same time starting to ship "Tempests" on the FTEL side. If all goes well it will be a masterful feat in coordinating a viable operating network for which the DVG customers can plug into, not to mention a global presence established in the interim. As most people "bitch and moan" about the price, I observe in astonishment the prolonged opportunity that lays at their feet. The underlying stocks that make-up the market, are for the most part a direct reflection on "intangible perspectives" or sentiments. One man's junk is another man's treasure, yada yada yada. Doesn't it usually take "a knowledge" of antique's to successfully comb the flea markets and garage sales, sifting through the junk at bargain prices to find those things that hold true value and potential? That a "Howdy Doody" puppet is priced at $.10 makes it's market value $.10, but is it really? To think that for $3 you get two potential entities, one of which was just purchased at an avg. price of $4.64 per share by institutional investors. The other at $1.00 per share on PP. $5.64 for under $3.00, not including the potential factor of being involved in what many consider a $2 billion industry by year 2000. So be it, keep it at garage sale pricing, and just call me Sanford. rb

To: Seth L. who wrote (34314)	5/31/1998 1:13:00 PM
From: STK1	Respond to of 41046

Seth a good insight to as what might happen but as you know the tradeable shares of a corporation and the amount of the interest involved coordinate the percieved value and the apparent value when the shares are tight.I wouldn't call a buy back a band aid but more of a reallife redemption to just exactly how many shares should be out in this sorta of enviroment.I welcome a serious float test,as I have said 400 to 450 thousand a day is what we need for several days in a row and possibly for as long as a 2 week to 3 week period.