FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 3.220

-1.5%

Jan 16 3:59 PM EST

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To: VALUESPEC who wrote (28828)	2/25/1998 12:28:00 PM
From: Gary E Stein	Read Replies (4) of 41046

Just talked to Tom Russell. He said that was a Form 144 which states he can sell all his shares if he wants to. The handling firm(Wilson Davis and Co.) automatically multiplys the total number of shares available times the current market price. It looks like he sold them all.He did not. He said he sold some for tax reasons but could not tell me how many...I since talked to Helen and she couldn't confirm the sale but assumed he sold about 10% of his holdings. Gary

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