FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.850

+4.7%

Nov 28 9:30 AM EST

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To: Citidude who wrote (23258)	12/15/1997 8:06:00 PM
From: Jack Sman	Read Replies (3) of 41046

Chris ~ I haven't heard any updates regarding the IPO but in talking with Helen this afternoon (Happy Birthday Helen!) she mentioned that to apply for a Nasdaq listing it costs about $50,000. Franklin qualifies in every way except for share price and although Nasdaq can be flexible in that area, I understand why they are waiting for the price to settle in above $5. Also, if they went ahead and applied for the small cap listing, to upgrade would cost more bucks. They're patient, I'm patient. ~ Jack

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