FRANKLIN TELECOM (FCM) Message Board

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Technology Stocks : FRANKLIN TELECOM (FCM)

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To: mark garner who wrote (487)	5/25/1999 6:19:00 PM
From: Noneyet	of 2891

I thought I would borrow two posts from a Mr. Roger Bass who's explanation of some of Ftel's SEC filings was much more eloquent than I could have dreamed of. My apologies to Roger. The reason I am reposting them has direct bearing on the recent FCM filings for registration of 6,254,000 new shares to be used for employee options. I have posted regarding this issue previously. Taken from S-8 01/26/99 4,954,000 shares. Proposed maximum offering price $.44. Taken from the S-8 04/9/99 1,300,000 , Proposed maximum offering price $.44. If you can afford the time read them, they are worth it. Mr. Bass posts; exchange2000.com exchange2000.com

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