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


To: Joe King who wrote (39593)12/15/1998 3:44:00 PM
From: LowtherAcademy  Read Replies (1) | Respond to of 41046
 
Joe,
Although I no longer am in FTEL, I watch it closely and hope to get back into it-- for a reason. And although it's nice
to seem them make a sale, prudent investors should ask the company
a couple of questions.
Like:
Why cash upfront?
Purchaser Not credit worthy?
Huge concessions in pricing granted in return for bookable sales or
needed infusion of operating funds?
HOW MANY UNITS WERE ORDERED?
A dozen or fifty?
Nice to see the order, but it's going to take a few more disclosures
by FTEL to make me an investor again.

However, here's hoping for the begining of a rally for all the folks
that have suffered through....

Season's Greetings,
Lew



To: Joe King who wrote (39593)12/15/1998 4:00:00 PM
From: Al Krasberg  Read Replies (2) | Respond to of 41046
 
I was thinking it might be Intrine as well. On second thought though - with payment in advance don't see why they would feel they needed to hide the name. $$$ is $$$ when it's in the bank.
I would guess the customer asked not to be identified? Maybe this our mysterious 2nd big buyer after JM Best (but hope it's a 3rd!).
Also - this reads like some kind of expanded installation contract rather than a normal sale and installation.



To: Joe King who wrote (39593)12/16/1998 12:32:00 AM
From: Jamey  Respond to of 41046
 
How many legitimate companies do you know that would approve a release like this? This is the norm for this company.
Santiago



To: Joe King who wrote (39593)12/18/1998 4:46:00 AM
From: Timbo  Respond to of 41046
 
Joe, they're paying CASH; who cares if they're credit worthy?? EOM