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

To: rd greer who wrote (31910)	4/8/1998 1:10:00 AM
From: norm	Read Replies (2) \| Respond to of 41046

WCOM takeover? You know, another thing that doesn't add up, is the rumour that WCOM may buy out FTEL. If that were even vaguely true then wouldn't Frank and the other FTEL officers withdraw their application to sell (some) of their shares? I mean, would you buy a company whose CEO was busy selling (and possibly contributing to a slide in the share price which will probably contribute to FTEL's probable failure to secure a Nasdaq listing). No, I reckon it's all just BS. The important thing is what FTEL makes and not rumour ... time will tell I guess. Norm

To: rd greer who wrote (31910)	4/8/1998 2:58:00 AM
From: Martin P. Smith	Respond to of 41046

rd, It is important to remember both WCOM and MCI do business and outside the shores of the USA. WCOM is a global company just look at UUNET as a global entity uunet.com Note the extensive European network. uunet.com MCI provide ISVS (international switched voice services ) biz.yahoo.com internation callback. mci.com and many other non US services. mci.com It is my understanding that the European authorities will only be scrutinizing to ensure that the merged company does not break any relevant rules and regulations. In an increasingly global market one must expect to recieve scrutiny from outside of your borders especially if you conduct business within those borders. Martin Smith

To: rd greer who wrote (31910)	4/8/1998 4:28:00 AM
From: X Y Zebra	Read Replies (1) \| Respond to of 41046

>>why and when us Americans gave them the right to approve, disapprove, and generally interfere in the affairs of U.S. companies.<< Mr. Greer, While Mr. Smith has eloquently answer your question in a prior post, essentially saying that if MCI & WCOM (or any other company that does business in European soil), they would have to comply with their particular laws of the European Union in order to continue doing business there. However for me this is kind of a soft spot and I would like to expand a little here. I tend to view government regulation under very suspicious light because I believe that governments, particularly European governments impose regulations under the pretense that they do so "for the public good", however, they never really care about that, other than obtaining votes from the unprepared masses. In my eyes such "public good" translates into added costs to the public. For the government it represents "full employment" to the masses, or more votes for the politician that stuck the private company with the regulation in question. I guess that companies view all these nonsense from the practical point of view and tend to "accomodate" these regulations as a "cost of doing business" and comply, with the intend to get down to business as soon as possible. The Internet may influence the way in which governments view their respective subjects. From the present status as "taxpayers" (read suckers ready to be milked for as much money as politicians can get away with), to "Clients". Under the scenario, (already taking place), in which governments are loosing control of their respective citizens, and will have to begin "catering" to their clients. These citizen-client will now have the ability to "choose" who they do business with, that is with the government that provides the best value for the tax charged. The Internet will allow companies that their "location" will be cyberspace, with servers located in "preferred" and strategic locations, whereby the potential jurisdiction under which "government imposed regulation" would not be in effect. In short, and in plain English, such jurisdictions would be "shit-out-of-luck". FTEL/FNET could be a direct beneficiary of such environment. I am not privy to the details as to how FTEL/FNET plans to implement their network. But for example, what stops them from establishing a server(or several), in international waters, where "no specific jurisdiction" would be applicable, (other than the ship's flag, which "that can be arranged"). Therefore, offer an array of services in which idiotic regulations could not be applied. From Long Distance services to software distribution, and many others. As an example, I will submit that the current US restriction on strong Encryption is allowing foreign based companies an attractive lead to offer strong encryption without compromise. This company, (C2Net), has completely "gone around" the idiotic restriction that US based companies can not export strong encryption, under the "pretense" they are "protecting us" from terrorists. In the mean time, foreign companies will (are already), selling, developing and improving, their technologies ......etc... simply by moving "off-shore". See: c2.net c2.net Communications could not be any different, and so FTEL/FNET could eventually "skirt" European regulations by strategically locating the servers, where such regulation would not be applicable, and offer Long Distance services to the world, from such server. The ability of a company like FTEL/FNET is its small size, yet with its great technology, will be able to offer what the market is ripe to use. Ignoring (legally, of course), any possible regulations that would hinder performance. Anyway, just an idea, but others are already utilizing this strategy. Long Live Laissez Faire Capitalism. "You will never have a quiet world till you knock the patriotism out of the human race" - George Bernard Shaw. The Internet may just be the spark, that will ignite the entire world to achieve precisely that end. Z.