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


To: detroit denny who wrote (1375)7/15/1999 9:47:00 PM
From: STK1  Read Replies (1) | Respond to of 2891
 
Thank You very much Sethy but i'll believe it when I see it and I won't hold my breath.Unless they build some value into this company
expansion and or an ipo is out of the question.i also understand that since they are in the black that the sec will allow them to buy back some of the outstanding fcm shares.
Does this not make sense for a severly diluted issue.
I really hope that fcm will hire a creditable financial advisor
and start to repair the damage that they have done to the assets of the stock holders.The spin off of the fnet share while benificial at some point in time we all hope will play no direct benifit to anyone at this time.This may of course change if fnet continues to showe marked growth and continues to plow money back into fcm.
In either case the time is slowly slipping away for any real possibility of an ipo.
I would get out of the original and the last PP at any cost particularly if the parent was in a position to buy me out.
i see no real tangible and or acredited reason or possibility for fcm to ipo fnet.
I find it incredible and very Newist like that some one who has already taken all he can,state that he won't be greedy???
goodnite and Well I guess I could give up may salery for a year and get 5 cent shares?
Get real!!!They won't give up the ghost or the control and thus we will be roasted and basted and stuffed with more.