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

To: Martin P. Smith who wrote (36009)	7/12/1998 10:51:00 PM
From: VALUESPEC	Read Replies (2) \| Respond to of 41046

<<For example I have recently been made aware of a message that stated Franklin Telecommunications Corp. has reinvented itself for years and years, coming up with little or nothing to show for it.>> Is it me or is it Frank Peters? I hope this is not really the CEO of Franklin who approved/made this post. He states the former statement and then goes on to demonstrate how FTEL has revinvented itself many times. The "little or nothing" was in reference to those great new products/services that were expected to sell well and never did. Do you remember which ones they are? Also, look at the revenues and earnings for the last six years: valuespec.com <<FTEL Earnings for the Fiscal Yrs Ended June '92 to June '97 STATEMENT OF OPERATIONS DATA (IN THOUSANDS, EXCEPT PER SHARE DATA): (UNAUDITED) YEARS ENDED JUNE 30, ................... 1992......1993.......1994.......1995......1996....1997 Sales......... $ 2,401...$ 2,512...$ 1,241...$ 1,481...$430....$1,735 Net inc. (loss). $ (1,473) $ 120 $ (485) $ (160) $ (1,467) $ (2,824) Net loss per common share........... $ (.26)...$ 0.02...$ (0.08)...$ (0.02)...$ (0.14)...$ (.23) Weighted average number of shares outstanding- 1992: 5,661,512 1993: 5,736,512 1994: 5,753,589 1995: 6,475,984 1996: 10,279,281 1997: 12,267,991 The source of this information was was the April 9,1997 S-1 for the years 1992 to 1996: edgar-online.com The source of this information was the Oct 1, 1997 S-1 for the year 1997: edgar-online.com; As I said, FTEL has little (maybe they have something, even if relatively puny), to show for it. I appreciate Frank's help in documenting some of FTEL's reinventions. Perhaps we just see things differently, but I think my opinion is based on a reasonable premise and my posts certainly are malicous. FTEL: $ 2.44a VALUESPEC valuespe.com