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


To: VALUESPEC who wrote (39426)11/26/1998 10:00:00 AM
From: Al Krasberg  Respond to of 41046
 
VS - This news certainly won't do anything for revenues or earnings this quarter, and I don't know enough about it to make a guess at long term. Doesn't look like a big deal to me, but you can't ignore yesterday's volume.
You ask, 'Where are the results?'
They are in solid % revenue growth the last two quarters!! And you ain't seen nothin' yet!

Go to sleep and dream some more! <Seems to be a good strategy>
Have a good Thanksgiving ---



To: VALUESPEC who wrote (39426)11/26/1998 10:14:00 AM
From: William Harvey  Respond to of 41046
 
ValueSpec,

I have to side with you here.

Last time this year there was lots of residual income sources at Franklin: PurchasePro, PLEIAS ('61k signed customers and 175k by the end of the year'), Internet Passport, not to mention our software 'e-commerce in a box' or website for promoting unsigned talent in the fields of music, drama and comedy. Correct me if I'm wrong, but didn't Frank say we'd abandoned all these things because Franklin was going to focus its sight on the deployment of the Tempest? When do you think we can expect any information on customers, prices and revenue?

BTW, I didn't tally the log yesterday but I did notice a particularly ugly block of 60k at the bid ($1.07) at 2:23. The bid dropped 4 cents and then shortly was up to $1.10. Could be the last of the conversions but you've got to admit that the mathematics for converting under these circumstances are perfect: Low average over the last 20 days and then a spike. Avg price is $.86 over the last 20 days.

On the bright side, it looks like what the S/1 document is saying is if the average price falls below $1, then the price for that day is set at $1 (though it's not very clear wording): "Conversions are set at 80% of the fair market value of the Common Stock, based on closing prices during a measuring period prior to conversion, with a minimum of $1.00 per share". I think the best price they can get is $1 and the bid is now $1.078. With a guaranteed 8% return on top of this 7.8% return it may be a force to reckon with in the next couple of days.

WH



To: VALUESPEC who wrote (39426)11/26/1998 10:33:00 AM
From: mark garner  Read Replies (1) | Respond to of 41046
 
VS:

ahahahaa...cd is still 30% below your recommended price of $25.
you still suck and will always suck. have a crappy thanksgiving



To: VALUESPEC who wrote (39426)11/26/1998 12:49:00 PM
From: zonkie  Read Replies (1) | Respond to of 41046
 
>>>>>Cendatnt (CD) has also been doing well. For those who laughed at me when CD fell to $ 6.50, it is now just under $ 17. I still can't believe professional managers sold CD down to that pathetic level<<<

If I want to hear about CD I will go to the CD thread. This is the FTEL thread. But since you bring it up, yes I did laugh at you when CD fell to 6.50, not because I am sadistic but because you are so pompous and try to act like everything has got to be the absolute truth. I laugh at you a lot.

z......