FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 3.550

+1.4%

Jan 9 9:30 AM EST

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To: Kathy Lane who wrote (21279)	11/14/1997 12:00:00 PM
From: Martin P. Smith	Read Replies (1) of 41046

Given a total of shares outstanding of 18 mill and 180 mill FTELs share of the IPO ( in english math 300 - 120 = 180 GGGGG). We get $10 a share leverage. This along with 10% of earnings is a nice little earner. Add to the above sales/lease to outside parties and things really start to look interesting. MArtin

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