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

To: Doug Best who wrote (32474)	4/21/1998 4:31:00 PM
From: jim bowman	Respond to of 41046

The only NET equity impact in this deal that I see is the financial package of the FNET CEO and any resulting increases in operating expenses. Think of FNET as a rental house that you incorporate as a business. You still own the house (stock) even though it is a separate business entity (spinoff). As to the non-financial aspect of this deal, I hope the reason they are spinning this off is because they are getting their ducks in a row with a separate management team to handle anticipated explosive growth -- growth that might otherwise overwhelm current FTEL management. Anyone know of other companies in similar situations and the results after everything played out?

To: Doug Best who wrote (32474)	4/21/1998 4:38:00 PM
From: X Y Zebra	Read Replies (3) \| Respond to of 41046

>>My remark was meant as fact, not speculation. That is, as long as I understood the conversation I had with WLV correctly.<< Mr. Best, Mine was to express my own opinion as stated. The market price action, right or wrong, is the result of many opinions, the ensuing result is the [price] balance of all of them. As for facts, the one single fact, after everything has been taken into account, that I really pay attention to, is price action. As to my posting it here, I thought it would provide "the other side" of things. As obscure as it may appear to some, the possibility exists, that there may be some who do agree with me. And to be sure, not presented as an attack, nor an affront to your opinion, which you refer to, as factual statement. Again, just my opinion. Z.