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

To: River Rat who wrote (19633)	10/28/1997
From: Bruce Hoyt	Respond to of 41046

River Rat, totally agree and just sent a note to Helen to clarify for us tomorrow. Bruce

To: River Rat who wrote (19633)	10/28/1997 7:59:00 AM
From: Robert Mustic	Respond to of 41046

RR, I'm not sure a company gets to chose its IPO price. An example when the company I worked for IPO'd (Northwest Airlines) they "wanted" $20 but they got $13. The stock then ended up at a high of 55 but that took a while. I believe that the Financial company that takes them public works out the price on what they can sell it for. So what Frank wants may or may not come to pass. Although I made my first call using the DVS today and got my son's recorder. I've got to tell you his message was a "10" in clarity. Absolutely perfect... Bob