FRANKLIN TELECOM (FTEL) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.730

+7.4%

Dec 26 3:59 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JHP who wrote (37948)	9/24/1998 4:41:00 PM
From: VALUESPEC	Read Replies (2) of 41046

JHP, you are wrong about the 90,000, 000 outstanding shares. They are not issued and outstanding. Only ~ 15,000,000 (more now) were issued. Companies often have more shares outstanding than they issue. This gives them the ability to give stock dividends, issue stock from time to time to raise money, etc. With some companies, it could be a major issue getting approval for more shares. But with FTEL, and with many small companies, you are often at the mercy of the "king" and his associates who effectively control the company via the number of shares they own. FTEL: .69b VALUESPEC

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next