FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.871

-2.1%

Nov 14 9:30 AM EST

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To: elk who wrote (28747)	2/24/1998 12:34:00 PM
From: George Kirlin	Read Replies (1) of 41046

Elk, as far as I can recollect form my last conversations, Frank was working on the last 5% of the business plan as of 2 weeks ago. Without a finalized business plan to put into the hands of potential investment bankers, there have been no meetings with potential investment bankers since last fall. Not to say Frank doesn't have his list of who to call when the plan gets printed, or that things could move fast once the plan gets into the hands of the folks who decide whether they can raise the cash or not, but I kind of doubt you are seeing anyone from that side of things into the stock yet. Still a little early in the game plan. Let's see the game plan first I think they would say, and if they think it will fly, then they will ante up some big investors to take a stake. I think we just need to have a few hundred dvg's go out the door between march 1 and May 1 to convince some folks that an IPO will fly. The nasd listing will help bring calm to the markets, sales, revenues and a coherent business plan will convince the investment bankers that Franklin can fly. Till then, I believe we have a few more zig zags to live through. All. IMO. George

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