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

To: Neil Wicker who wrote (32184)	4/16/1998 9:13:00 AM
From: Seth L.	Respond to of 41046

Thanks neil great stuff. This of interest IMO off Business wire this morning. BW1054 APR 16,1998 4:31 PACIFIC 07:31 EASTERN ( BW)(FONOROLA)(FON.) fONOROLA Has Not Established Timetable to Respond to Call-Net's Unsolicited Proposal ÿÿÿÿBusiness Editors ÿÿÿÿMONTREAL--(BUSINESS WIRE)--April 16, 1998--fONOROLA Inc. said today that contrary to a wire service report late yesterday afternoon, the Company has not established a timetable to respond to the unsolicited takeover proposal announced yesterday by Call-Net Enterprises Inc. The Company added that it will not do so unless and until it receives a formal offer from Call-Net. Yesterday, fONOROLA announced that it is reviewing Call-Net's unsolicited proposal and that it would communicate to its shareholders and other pertinent parties its views and further developments related to this matter in due course. ÿÿÿÿfONOROLA, one of Canada's most sophisticated facilities-based carriers of telecommunications services, has undertaken the construction of more than 12,000 kilometers of fibre-optic network in Canada and the U.S. The network, when completed, will link Vancouver to Halifax in Canada with additional links to Seattle, Minneapolis, Chicago, Detroit, Buffalo and New York City. The network will be equipped with Nortel's OC-192 SONET technology. When completed, this new transcontinental network will provide the shortest direct fibre-optic route from North America to Europe and Asia. ÿÿÿÿfONOROLA offers its customers a full-range of quality, price-competitive voice, data and image products. fONOROLA is headquartered in Montreal and has other switching centres in Vancouver, Calgary, Toronto, Buffalo and Seattle. fONOROLA Corporation, the Company's wholly-owned subsidiary, is licensed and operates as an international reseller and facilities-based carrier in the United States. Check out Fonorola they are an interesting company that I guess is ripe for take-over. fonorola.net Seth