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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.659+1.4%Nov 21 9:30 AM EST

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To: vic klimpl who wrote (26103)1/27/1998 3:56:00 PM
From: Mark Jenkins  Read Replies (2) of 41046
 
So this is what happens to the stock price of a company that IPO's a subsidiary:

15:33 ET Zapata Corp (ZAP) 8 1/16 +1 9/16: Company announced today that its marine protein subsidiary, Omega Protein Corp filed with the SEC to effect an initial public offering.

Finished at 8 9/16 +2
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