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


To: elk who wrote (34369)6/2/1998 4:57:00 PM
From: Mike Anderson  Respond to of 41046
 
Just ran across this in this afternoon's mail. Is this news or old stuff and what does it mean to FTEL? Anybody?

08:59 AM ET 06/02/98

Sprint unveils new phone network for the Internet age

NEW YORK, June 2 (Reuters) - Sprint Corp. . said on
Tuesday it soon will offer an advanced telecommunications
network that will allow its customers to make several phone
calls, send and receive faxes and cruise the Internet -- all
simultaneously and over a single phone line.
The product of a secret, five-year, $2 billion development
program code-named Project FastBreak, Sprint's new Integrated
On-Demand Network, or ION, is expected to offer users
"virtually unlimited bandwidth" and should be available to
consumers and businesses beginning in 1999, it said.
The No. 3 U.S. long-distance phone company also said in a
news release that it believes the new system will drive down
the cost of a typical phone call by 70 percent or more. It said
its cost to provide a full-motion video or conference call will
be less than the current cost of a domestic long-distance call.
The new system will combine voice and data transmission
services over an Asynchronous Transfer Mode, or ATM, backbone
network. Most other telecommunications providers are building
data networks distinct from existing voice networks.
In offering the new service, Sprint said it will partner
with Cisco Systems Inc. , Tandy Corp.'s
RadioShack and Bellcore.
Cisco will provide technical expertise and equipment,
Bellcore will provide the central software framework and
RadioShack -- already a Sprint distribution partner -- will
help sell the system to consumers.
((New York Newsdesk 212 859-1610))



To: elk who wrote (34369)6/2/1998 5:24:00 PM
From: blair holder  Read Replies (2) | Respond to of 41046
 
great news: conditional NASDAQ listing is granted!!



To: elk who wrote (34369)6/2/1998 5:32:00 PM
From: blair holder  Read Replies (2) | Respond to of 41046
 
Helen just called me with the news. They are not allowed to publicize it, but we are allowed to discuss it on the thread.

They have three months for FTEL to trade over 4.00 for 10 consecutive days otherwise it will be withdrawn.

FTEL will continue to trade OTC BB until the 10 days are met. Once that happens it will immediately trade NASDAQ.

I hear there is a lot of news between now and the end of July, so our days below three ( or four dollars) are very limited!!

There will be no summer doldrums on this thread......

hip hip hooray
best to all
Blair