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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.647-11.6%3:58 PM EST

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To: STK1 who wrote (34311)5/30/1998 11:53:00 PM
From: Seth L.  Read Replies (3) of 41046
 
Charles I know a lot here agree with you but I do not. I am very confident that by using a buy back would be viewed as a band aid and another excuse for MMs to walk the price right back down. Aside from the fact that they need the capitol to buy it back with. Lets face it, if as you say "fnet starts producing revs and we get sales" we would not need a buy back to go above 10. Conversely based on what we all hope will happen this float will be tested seriously and a split maybe in order by spring 99.

JMO

Seth
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