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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 1.300-13.9%Nov 7 9:30 AM EST

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To: Bruce Hoyt who wrote (32687)4/24/1998 9:06:00 AM
From: Seth L.  Read Replies (2) of 41046
 
David, I think too many posters are having a little trouble when trying to understand what store FNet will be spending that $100+ million of IPO money in.
Bruce am I wrong to assume that when and if FNet buys lets say 50Ms of product, that FTel will record the revenue for a sale yet still own 68% of the product that it just sold. Some one correct that thinking if I am wrong please. If not that is a huge Hmmmmm

Seth
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