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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 1.410+65.0%3:25 PM EST

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To: Mike Semkiu who wrote (243)10/25/1996 11:37:00 PM
From: Bill Watkins   of 41046
 
To All re: Wall St. Journal, etc.

I would appreciate someone's objective take on the "release" or "ad" for capital. Does this mean RANA is completely out of the picture? Is this newspaper solicitation for funds a negative or a positive? Is this a "last ditch" effort to get the required funds? I know, call Frank, and I will.

In the meantime it would be nice for some analysis. I'd like to hear from someone who's familiar with this type of cash-raising effort. I guess one analysis would be that if it is successful, we are that much closer. If it is not, where do we stand?

Thanks and a pleasant week-end to all,

Bill
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