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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.871-1.0%3:59 PM EST
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To: Robert Mustic who wrote (19564)10/27/1997 10:15:00 PM
From: Martin P. Smith  Read Replies (2) of 41046
 
So we are talking IPO of 120 Mill this is 40% of stock and FTEL will retain effective 180 Million in FNET. or approx $10 per outstanding FTEL share ?? AND we get 10% of FNET earnings. Am I completely off base here.

Martin Smith
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