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Non-Tech : InvestRight Club Challenge -- Ignore unavailable to you. Want to Upgrade?

To: Jeffrey L. Henken who wrote (1420)	4/14/1999 7:35:00 PM
From: mark garner	Read Replies (2) \| Respond to of 2662

an update on FCM - Franklin Telecom. FCM has been pretty much in the doldrums, stockwise, since becoming AMEX listed. BUT, there business continues to grow. i am not sure if you caught it, but the company released revenues for the march quarter of 4.1 million dollars. this represents a better than 200% increase from the previous quarter of 1.2 million. this company is fairly well know here on Silicon Investor. i would have to say that a group of bashers and disgruntled short-term shareholders have contributed to what i view as a negative bias. although the FCM board on SI is relatively quiet, there is still a lot of discussion of the company on the Raging Bull, which has been negative as of late particularly due to a few bashers. my point is that after the AMEX listing there was a lot of excitement. this excitement was quickly muted by the bashers of the company that have been around forever. this is important in that it seems to trade based upon the sentiment of these bulletin boards. well, i believe all of these bashers are being proven wrong. the company already has a backlog of 2.6 million for the current quarter and it looks like it will even be better than the last. VOIP (Voice Over Internet Protocol) companies are getting SOME exposure with the likes of IDTC signing some impressive agreements and getting press. AT SOME POINT, i believe that the VOIP companies will again catch fire as true internet players. in the meantime, with FCM, we have a fledgling company that is growing at a phenominal rate. i still believe that this company will be a huge winner of the index. as i said before, be PATIENT and NOW is the time to add to your postion. there will be some explosive movements in this stock as the company continues to grow.