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

To: Mitch Aunger who wrote (32262)	4/17/1998 8:30:00 PM
From: AKAPAK	Respond to of 41046

Mitch about the FNET IPO Hope to offer only what I know based on an email from Helen. The question was based on the ability to buy FNET shares before the IPO during the subscription period. Helen wrote: <As for a waiting list for potential FNet pre-IPO subscription, yes, there is a list. In all honesty, I can't be too optimistic about the chances of a subscription opening up, but if it should, I will advise you. Again, thanks for your note. Best regards, Helen West Shareholder Relations> So, I think I might have misunderstood Helen's response. It can be based that a subscription will not even happen, and as you have pointed out, with the private placement shares being IPO'd. Sorry if I caused any confusion.