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Microcap & Penny Stocks : IMMD - ImmuDyne

IMMD 0.215

-2.1%

Jun 21 5:00 PM EST

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To: BI*RI who wrote (20)	7/12/1996 4:32:00 PM
From: Art E. Holt	of 1249

Marc: Will try to get cracking on some thoughts on SCMS and FTEL. Frankly, I don't follow JNNE anymore. Gave up on it as a lost cause about a month ago. If I can really work myself up to getting interested - and that will take some doing - I will have a look at the chart. That is, if I didn't delete it from my database! May get some things going on the FTEL subject, as some imformation has come out in the last few days which has some very promising potential. FTEL/DCIC plans for the IPO on FNET appear to have some extremely attractive bennies for current shareholders, such as free shares of the IPO, which is tentatively targeted at a $14-$20 offering price. Additionally, I learned today from a source which has an impeccable prior record of valid info that the FTEL/DCIC consortium has been in talks with MCI Communications. Trying to get more info on the latter, although DCIC brass were quite candid about there being talks. No info yet on the substance. Art

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