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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 3.080-6.1%Jan 13 3:59 PM EST

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To: Mark Jenkins who wrote (11900)6/7/1997 10:50:00 PM
From: vic klimpl   of 41046
 
relax
meyerson has 1.4 mil. and there are time based LOCKUP agreements.
Once you exercise the warrant(pay ftel 1.3 per share you have a short term capital gain until holding that exercised warrant for a year.meyerson is the investment banker at present and wont kill the stock.so you have 600000 shares to worry about.No big deal.The company sld 1.2 mil shares at .85 with no look up last september and gandy had 440000 and we went up. Frank has great news coming and it will be a piece of cake to soop up any cheap shares. nuf said.Again its the company not short term annoyances.
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