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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.974-5.4%3:59 PM EST

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To: Lee Bush who wrote (2983)1/28/1997 4:33:00 PM
From: Paul Dubsky   of 41046
 
I just looked back over the 800 service and WebTV news releases and I get the feeling that we are onto something BIG!

Does anyone have any background on Frank Peters? Where'd he come from, why should we bet on him....

Also, does anyone have access to the company's recent financials? What's the balance sheet look like? HOW MANY SHARES O/S ARE THERE? When everyone says that FTEL is undervalued, what is the valuation of the company at $3.75???

I do agree about the previous note about the FNET IPO. You just can't "print money". In order for buyers to be there, the stock has to be reasonably priced at the opening, there has to be demand, and management has to give up some more ownership. It's just not that easy. If it were, I'd IPO something!
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