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

To: Ward W. Ward who wrote (26361)	1/30/1998 5:03:00 AM
From: Noneyet	Read Replies (1) \| Respond to of 41046

Ward, I don't see the distinction between the two business segments. Are you inferring they will not seek an ISP presence overseas, but will sell their hardware ? Can you elaborate ? By the way, I suggest that you read the "new S-1a" very carefully. Even to an untrained eye, Ftel's financial future seems highly leveraged. Pay particular attention to the section regarding " Convertible Shares " their due date and short selling ( Page # 35 ). Also please note the amount of shares that are available for issue ( 90,000,000 ), which can and have been issued to pay debt, loans, purchases, private placements, lucrative options plans, etc etc. freeedgar.com Regards, Tom

To: Ward W. Ward who wrote (26361)	1/30/1998 5:25:00 AM
From: Noneyet	Read Replies (2) \| Respond to of 41046

Ward, Also, please take a look at Page # F-35 of that same S1a, you will see many familiar names ( from this board )as owners of those Convertible Shares that I mentioned in my previous post. Regards, Tom