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


To: Stephen B. Temple who wrote (21312)11/14/1997 6:12:00 PM
From: William Harvey  Respond to of 41046
 
All,

Here's the DJ Wire release (as printed in the WSJ Interactive ed.):

Franklin Telecommun Closes $5M Private Placement

Dow Jones Newswires

WESTLAKE VILLAGE, Calif. -- Franklin Telecommunications Corp. (FTEL) completed a $5 million private placement of convertible preferred shares with institutional investors.

In a press release Friday, the company said it will use the funds for the production and deployment of its Tempest Data/Voice Gateway for the FNet global network.


Have a great weekend everyone!

WH