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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?

To: Secret_Agent_Man who wrote (19573)10/27/1997 10:22:00 PM
From: snake  Respond to of 41046
 
120m for 22m shares...does that mean the ipo goes for $5.50/sh

what am I missing here??



To: Secret_Agent_Man who wrote (19573)10/27/1997 10:23:00 PM
From: Martin P. Smith  Read Replies (4) | Respond to of 41046
 
But is that 60% of 120mill or is the 120 million 40% of Total stock giving a total Stock valuation of 300 Million. ?

Hoping for the former ( greedy aint I )

Martin Smith



To: Secret_Agent_Man who wrote (19573)10/27/1997 10:45:00 PM
From: Snowman  Respond to of 41046
 
re<FTEL keeps 60% stock in FNET and 10% of revenues> I think I like this more than free shares on FNET.


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