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Microcap & Penny Stocks : DCIC/FTEL/FNET

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To: THOMAS MURPHY who wrote (340)8/9/1996 12:05:00 AM
From: Bruce Hoyt   of 405
 
Tom -
I am under the understanding that FTEL & DCIC are going to initially
exchange 15% ownership with each other at FNET IPO time
and that eventually they will fully combine the two companies.

I think it would be even smarter of them to combine the businesses
now. It would sure clear up a lot of arguements over which one is
worth more and would present a stronger image to underwriters and
potential IPO investors. Just my opinion. Bruce
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