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


To: Martin P. Smith who wrote (20827)11/7/1997 11:21:00 PM
From: Stephen B. Temple  Read Replies (1) | Respond to of 41046
 
Martin: Thanks for the link, I really like the difference in assets between year ending 97 compared to 96. Just what we orderd on our way to being listed.

As always, the S-1 leaves all room-for-doubt as it should to those just getting into the stock. If you read the numbers and nothing else, it would lead you to believe the company is burning way to much cash. But the truth is that with all the recent contracts i.e. 2.5million and such, we probably won't need any more shares distributed for immediate cash. I feel confident this will hold true for FNet too.

Temp'