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Technology Stocks : FRANKLIN TELECOM (FCM) -- Ignore unavailable to you. Want to Upgrade?


To: Liz who wrote (170)4/5/1999 6:45:00 PM
From: Tom Flohr  Read Replies (3) | Respond to of 2891
 
Just out:

--------------------------------------------------------------------------------

April 6, 1999

Our sales results for the 3rd quarter ended March 31, 1999 came in at $4.1 million. This is more
than three times last quarter, or a 230% increase over the previous quarter's $1.2 million. This
does not include a $2.6 million backlog for orders that have been already been booked and will
be delivered next quarter. I can't tell you how pleased we are with our progress.

We have filed an S-8 with the SEC to register the 1.3M underlying shares from an executive
non-qualified stock option plan. Don't worry, the shares will not be suddenly out in the market.
The options have a four-year term and are exercisable ratably over this time period.

Thank you for taking the time to read about our Company.

-- Tom Russell

Happy investing, everybody



To: Liz who wrote (170)4/6/1999 8:39:00 AM
From: lostmymoney  Read Replies (2) | Respond to of 2891
 
They had a man on there that was supposedly one of the persons who help start the internet. They were talking about how USAT uses the internet for calls and how much cheaper it is, that many businesses will go this route. Bypassing reboc's, voice recognition etc.
He sounded knowledgable about internet telephony. They did ask about the equipment used, but he mentioned no names and no specific pieces of equipment.
Sorry I got in the last 10 min. Liz.

Mike