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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 3.400+658.1%3:59 PM EST

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To: vasco soares who wrote (32819)4/26/1998 10:58:00 AM
From: VALUESPEC   of 41046
 
Maybe RB can explain what a floor is on a convertible offering and how that might relate to what is going on now and what that might mean regarding additional stock dilution in the near future . . .

and how that might put further selling pressure on a stock as shares are converted and then dumped on the open market.

For hints, read my FTEL Stock Library and go to one of my links named "notes". You could figure it out if RB doesn't help you.

VALUESPEC "waiting to see if the storm of sales comes by June 30, 1998, as many used to expect but don't talk about very often anymore" "waiting for the FNET IPO which was expected to have taken place last year, then the first half of this year, now when?"
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