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


To: mark garner who wrote (317)4/29/1999 11:31:00 PM
From: VALUESPEC  Read Replies (2) | Respond to of 2891
 
Mark you have a very bad recollection of things. I predicted it could go that low when most thought I was crazy. I said FCM was way overpriced when it was $ 6.00 and then it fell below .80! I warned many of the additional shares that could come on line (they did) and many laughed at me then.

When it was below $ 1.75 I said it was the private placment effect (shorting, etc.) that was driving it artificially low.

I said I did not believe in this company. Do you remember Intrine? How about the trouble USAT got into with the SEC? Is USAT a very big customer of FCM?

With that said, FCM seems to have turned things around. I am surprised and impressed. Congratulations on those who have ridden this wild coaster form $10 down to about $ .50 and now back to about $3.00. For many, another trippling could bring them back to almost break-even.

VALUESPEC



To: mark garner who wrote (317)4/29/1999 11:43:00 PM
From: VALUESPEC  Read Replies (1) | Respond to of 2891
 
Mark, I also ask that you stop calling me inappropriate names. I intend to report you to SI if it continues. Thank you in advance for controlling your posts.

I should also mention, again (hint), that on Monday, RNWK will be making a VERY big announcement. It could change how communications take place on the internet.

Again (hint) AOL is aggressively (and so is ATT) pursuing bringing broadband width to the internet (100X faster than current modems). When this happens, voice will probably become a free service on the internet using AOL's, RNWK's, or somebody's technology (not a peanut's, however).

Everyone will be able to connect to the internet. Payphones will be an internet connection. New coverage, TV shows, radio stations, everything will be played on the internet. The cable system will carry the signal to your residence, or you will use one of the upcoming satellite networks (which will start out too expensive for most people).

I have no idea what FCM's stock price will do, but I can guess where the future is heading (and heading very fast). MSFT is now concerned about RNWK's advance in the field. MSFT just announced it is starting a separate division for audio/video, etc.

The world may look a lot different soon. Maybe even by Monday things will develope further.

In the meantime, FCM is certainly becoming interesting. I may read the 10Q and post some of my thoughts on it. I know, however, that no matter how things appear with FCM, I will doubt it. Just like I doubted the FCM deal. Just like I doubted the recent revenue gains (then the USAT SEC investigation started).

May FCM prosper! It would appear to be a good time to get back in, if one had the inclination (although I haven't read the 10Q yet).

FCM: ~ $ 2 7/8

VALUESPEC