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Microcap & Penny Stocks : FTEL Franklin Telecommunications

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To: kphone who wrote (1)2/1/1997 10:42:00 PM
From: George Dysert   of 15
 
Ken,

On the IPO, the sum of the parts may be worth more than the parts. If the cash flow is adequate there may not be an IPO. With the evident massive growth that is here now,
and the gearing up which must come, it will take lots of capital and now! FNET may have to be sacrificed to meet these financial needs. I hope not!

George
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