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

To: Larrie Woods who wrote (23244)	12/15/1997 2:57:00 PM
From: Craig McNeill	Read Replies (1) \| Respond to of 41046

For those not familiar, Qwest was a hot IPO this past summer. They have a market cap of about $6b and do have deep pockets. They are in the midst of installing about 16,000 miles of fiber optic cable from coast to coast. About 3-4,000 miles are currently lit. While they are leasing out about 75% of their capacity, they hope to use the 25% remaining for proprietary uses, apparently such as IP. Their CEO is Nacchio (sp?) who was in line for the top spot at AT&T but was looking for a more exciting start-up. The majority stockholder in Qwest is Phil Anschutz who made billions in the railroad industry, and is looking to make billions more in telecommm (he kept the right of way on the RR beds he sold and is laying the optic cable in them). Anyhow, this is all FYI, and with any luck FTEL will experience a similar market cap, without the huge capital investment !