FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 1.225

-21.4%

3:37 PM EST

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To: STK1 who wrote (32805)	4/26/1998 8:41:00 AM
From: kgreen	Read Replies (1) of 41046

CS: It was Meyerson. The group even quit making a market in FTEL shares so it could pull off the stunt. I would love to know the motivations. There may be a silver lining in this cloud. RB, you may know.. but doesn't the decision by Meyerson and assorted investors to exercise a million warrants mean that FTEL gets more than a million bucks? If I recall correctly the warrants were exercised between 1-1.25. That money goes to FTEL's coffers. Kath

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