FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.647

-11.6%

Nov 20 3:58 PM EST

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To: jean sutherland who wrote (26628)	2/1/1998 4:53:00 PM
From: Martin P. Smith	Read Replies (1) of 41046

Jean, Please explain how this resembles a PONZI. In a Ponzi scheme, people are recruited to "invest" and paid "interest" on their "investment" by money "invested" by those who are recruited into the scheme later. Eventually, the recruits must dry up and the vast majority of the "investors" will lose everything. The above is from "The skeptics dictionary" defintion of PONZI and pyramid schemes. dcn.davis.ca.us To me it is patently clear that this is NOT a scheme and certainly does NOT resemble a PONZI therefore your post is incorrect and libelous. Martin P(hillip) Smith

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