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


To: LowtherAcademy who wrote (33722)5/13/1998 10:36:00 AM
From: Robert Mustic  Read Replies (2) | Respond to of 41046
 
Lew, I'm sure we are all getting tired of waiting. However, my suggestion would be to call 800-FRANKLN and ask for Helen or anyone who can answer your questions. I'd also suggest that we "may" be near the end of the waiting. Too many things are happening to have it just continue like this. IMO, of course...

Regards to all,

Long and Holding,

Bob



To: LowtherAcademy who wrote (33722)5/13/1998 10:55:00 AM
From: lanedo  Respond to of 41046
 
Lew I also share in your frustrations with promises made that weren't kept so I decided to move my money until an established credible line of information can be obtained. Many time schedules over the current year have not been kept and frustration and disappointment have finally taken its toll. Thanks to all for everyones help.




To: LowtherAcademy who wrote (33722)5/13/1998 3:50:00 PM
From: Seth L.  Read Replies (1) | Respond to of 41046
 
Lew by no means take this as fact, but its my understanding that the
company is waiting to hear from NASDAQ in regards to a provisional
status for a NASDAQ listing. If allowed that would enable FTEL to
utilize the NAZ once they achieve the $4.00 for small cap or $5.00(
minimum share price) for national. If not allowed, than Franklin will
have to wait until they achieve the above share prices again and than
reapply. That includes fees and up to date financials. Obviously
Franklin would prefer the provisional based on the glass half full
theory that once you gain the minimum threshold of $5.00 that they will be able to maintain levels so as not to be de-listed. IMHO if this happens I tend to agree with the fact that they will be able to achieve a higher ground share price wise, based on Marginability and Institution exposure. Just my opinion. If I am wrong on this please someone correct me.

Seth