FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 1.030

-10.4%

Nov 11 3:59 PM EST

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To: William Harvey who wrote (32459)	4/21/1998 1:54:00 PM
From: kennbill	Read Replies (1) of 41046

I agree with your analysis William, but, using your scenario, what are the FTEL shareholder's getting in this "spin-off"?? Based on your discussion we should be getting shares of FNET...I don't see where that's happening. In a nut shell, if FNET is a subsidiary of FTEL, FTEL can't just spin it off without compensation. Future sales of hardware is not compensation for giving away an asset of the company. Again, what is the compensation to FTEL??

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