FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 3.230

-2.7%

3:59 PM EST

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To: Vince Clements who wrote (30835)	3/23/1998 2:05:00 PM
From: Pat Garaffa	Read Replies (1) of 41046

>>3. Unlike Mr. Myer., Rb,two others and I put up 10,000 common shares each to get our warrants, so we have money tied up all ready. Why risk more?<< Why does everyone continue to refer to Meyerson as if he is one little guy sitting in some little office reaking havoc on our poor little company? Does anyone know how big M.H. Meyerson really is?? This is a huge, multinational investment banking/brokerage/money management firm with offices all over the world. We can't compare OUR tax consequences, to that of MHM, when you calculate the results of them buying, selling or holding FTEL. MHM's tax structure is "corporate" and is completely different than our own. They have reasons to buy, sell or hold (for tax purposes) that are way beyond the reasons of the average "Joe" taxpayer. - Pat

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