The other excitement driver in FTEL appears to be the FNET IPO. It is my understanding that they want to obtain $ 100,000,000.
How much are they planning to raise on this IPO? All $ 100,000,000 or only $ 20,000,000 or so since FTEL and friends will hold a lot of the shares after the IPO. The more I think about this IPO, the more questios I have.
I hope that Raleigh, instead of attacking me with names, will join me in discussing and doucmenting these important questions. If this has been discussed before, then I apologize. If you could direct me to the posts, I'd appreciate it.
In summary, I'm now looking at the two apparent value drivers of FTEL's stock recently:
1) The WCOM collocation
2) The FNET IPO
Any information on those two subjects would be appreciated.
PS I should mention the NASDAQ listing as a value-driver, but I feel that is an open and shut case. They will probably get listed; It appears to be a matter of when, not if, so there's really not much to say about that.
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