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 (32381)	4/20/1998 5:13:00 PM
From: David Flood	Read Replies (2) of 41046

We don't pass for the Bill France "look-a-like" contest (I hope). Good question and good potential I think. However, I liked the 80% retention option better, not 55, 45 35 or maybe 25% One cannot say or determine WHAT affect on shares of FTEL owning a portion of a new company thru a subsidiary or partially owned entity relationship would be. This has been argued since the DCTC days.It may be large or zero if the parent is only a shell at the time and profits or profitability is transferred to the child (FNET) for whatever reason. Lets hope that the significance of this move is positive. Hey Slater you seem to 'bear" a more striking resemblance to Bill than I thought. Where the hell is he anyway. JMHO Dave PS The S-1/A filed Jan 98 with EDGAR gives good insight to the workings of a small company "trying" to go forward and making its CEO rich for HIS efforts (See pages 34 & up)

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