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Technology Stocks : FRANKLIN TELECOM (FCM)

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To: Noneyet who wrote (2164)9/27/1999 7:49:00 AM
From: Charles Broderick  Read Replies (1) of 2891
 
If it is true,and there was no clause preventing SHORTING of the shares, or a time limit before they could be traded,
it means that the lenders MADE A PACKET, and the company
sold its sold to the lenders, to stay alive....but in this
case it was NOT their own soul, rather that of the long,
suffering, shareholders............
Someone is going to make a packet out of the FCM product,
but the present ownership looks like being long gone by
the time the assets of this company are realised.....
That is if all that you say is true, and it may be,
but I could'nt possiby comment, other than to observe some
of the likely fallout of such bad commercial decisions!!!
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