FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.545

-20.2%

2:41 PM EST

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To: STK1 who wrote (39214)	11/8/1998 7:02:00 PM
From: William Harvey	Read Replies (2) of 41046

Oh, 'behind the scenes' mumbo-jumbo. What can you say about a company whose advertisement is upper management standing on a couple of railroad tracks? Does that speak for the rest of you? "L'emballement vous fait dansez tandis que vous travaillez." (Excitement makes you dance while you work.) I don't think I'm asking too much: To speak the language that investors understand. What's really going on? If you're really an investment banker, tell me why Sutro is obligated to hand over voting control of FNet to Frank? You can raise just as much capital at $.10/share as any other. It doesn't mean anything to an investment banker, it's just paper. Ten cents is exactly the value Frank puts on FTEL - exactly the value of deferred income to be paid out on Jan 5, 1999. I'm not questioning whether he can get away with it. The question is: If this were a $5/share company, did Frank warrant a $7M bonus? WH

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