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Technology Stocks : FRANKLIN TELECOM (FCM) -- Ignore unavailable to you. Want to Upgrade?

To: Noneyet who wrote (1276)	7/2/1999 4:57:00 PM
From: mark garner	Read Replies (1) \| Respond to of 2891

Tom: it looks like i have to spell it out. You thought you had latched onto something big this morning. you were implying that Franklin could not possibly have 75 employees because you found this "salary expense" item that said $621,000 for 1999 and somewhere around 400K for 1998. what YOU FAIL TO REALIZE is that this is an ACCRUED LIABILITY, not an expense on the income statement. salary expenses are included in "Selling and General Administrative". Salary expenses do not have to be broken out. what the accrued liability means is just that... a salary that had not been paid as of the end of the quarter. Probably Frank peters deferring his own salary now apologize to the company and the thread