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

To: lostmymoney who wrote (2189)	9/29/1999 9:47:00 AM
From: Noneyet	Respond to of 2891

Lost, My response to your well written post will be in due time. I am now consumed by other significant details relating to what posters have done recently. My last two posts are directed at one source who has taken it upon himself to make the issues discussed here much more personal in nature, which has now led into an ugly situation. My best to you, Tom

To: lostmymoney who wrote (2189)	9/29/1999 5:04:00 PM
From: Noneyet	Read Replies (2) \| Respond to of 2891

It is interesting what a great financing deal fcm has made For Their Investors, isn't it. The best part is that this is only the first round of financing. This past one was almost one to one at approx. 2 million dollars for 2 million shares. There is still 4.5 million dollars left if fcm needs it ????? HOW DO YOU LIKE THAT ??? 2.2 million shares to be sold, ( assuming 200 hundred thousand belong to management and they are selling their shares ) besides the fact that the sheik's agent for the sale of this stock is allowed to short it. Crescent stands to gain on both sides of this transaction a total of between 4 to 12 million dollars. That is assuming monies are made on both short and long ( which investors were told that shorting as stated by the cfo "The agreement specifically provides that the investor, or any affiliate, cannot engage in any short sales transactions of the Company's stock." ). Now make an average of 1 to 3 bucks a share on both sides of this deal ( Short & Long again ), and viola. there you have it.