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Technology Stocks : FRANKLIN TELECOM (FCM)
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To: Charles Broderick who wrote (2230)10/1/1999 12:39:00 PM
From: Noneyet   of 2891
 
Charles,

I have my doubts about usat, aside from the issues I have raised numerous times, is the bolded part of the following statement by usat. I believe usat is saying that the deal will close when this leading equipment company sees money in place by a financing institution.

Stephen Storey, President of USATalks, said, "The financing arrangement will facilitate rapid expansion of USATalks' private domestic network over which we provide voice-over-intranet telephony services in the continental U.S." He added,"This arrangement is subject to USATalks closing a transaction which will raise additional capital."

At any rate, I can't help but wish you good fortune in your purchase.
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