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Technology Stocks : FRANKLIN TELECOM (FCM)

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To: Noneyet who wrote (1267)7/2/1999 3:49:00 PM
From: mark garner  Read Replies (1) of 2891
 
for 1998, you are retrieving accrued liabilities,
not true salary expense.

like most of what you say, i should have thrown it
into garbage and ignored you. but since you actually
seem to dupe a few people here i thought i would
try to answer

NOTE 6 - ACCRUED LIABILITIES
Accrued liabilities at June 30 consisted of the following:<TABLE>
<CAPTION>
1998 1997
---------- ----------
<S> <C> <C>
Salaries and related expenses $ 421,000 $ 277,000
Accrued offering costs 153,000 --
Accrued interest payable, primarily to related party 130,000 88,000
Other accrued liabilities 323,000 194,000
---------- ----------
TOTAL $1,027,000 $ 559,000
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