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

To: DavidCG who wrote (37874)	9/21/1998 1:48:00 PM
From: zonkie	Respond to of 41046

you said>>>>There is no 1996 AT&T lawsuit against FTEL... Slanderous one. Nice Try. Do you really think AT&T would buy FTEL's gateway boxes if they were entangled in a lawsuit? You aren't really this naive...are you? What is happening to our nation's educational system! -DavidCG <<<<<<< I guess what you are saying is that this has been settled or dropped. Can you tell us more about the resolution of this? On the surface it looks quite minor to be named as a defendant. Form 10-Q for FRANKLIN TELECOMMUNICATIONS CORP filed on May 5 1998 FOR THE QUARTER PERIOD ENDED MARCH 31, 1998 ITEM 1. LEGAL PROCEEDINGS On July 28, 1997 the Company was named as a defendant in an action brought by AT&T Corp. ("AT&T") against Connect America, a reseller of "800" number service, its officers and affiliates, and several Internet Service Providers,including the Company. The action was brought in the U.S. District Court for the Central District of California. In general, the complaint alleges that Connect America and its officers fraudulently acquired 800 numbers from AT&T, failed to pay for them, and resold them to the Company and the other Internet Service Providers on a "flat rate" basis, notwithstanding the fact that AT&T's charges for 800 service are typically based on time utilized. The claims against the Company and the other Internet Service Providers are based on unjust enrichment, on the theory that the Company and the other Internet Service Providers knew or should have known that flat rate 800 service was unavailable. In addition to injunctive relief against Connect America and its officers, the complaint seeks damages of $7.4 million, punitive damages and attorneys' fees. The Company has filed an answer to the complaint denying the material allegations thereof, and plans to vigorously contest the action. There can be no assurance that the Company will be successful in its defense of the action. Because of the large amount sought in the complaint, an adverse outcome would have a material adverse effect on the Company's financial condition. ------------

To: DavidCG who wrote (37874)	9/21/1998 1:49:00 PM
From: JHP	Read Replies (2) \| Respond to of 41046

David--In 1996 ATT filed a LAWSUIT against FTEL-- lawsuits do not go away by themselves--- what was the outcome of this lawsuit OR IS IT STILL PENDING? I believe it is still pending, David you should know the history of FTEL before you give your 100% wrong response. What happened to ATT lawsuit it was filed and accused FTEL of FRAUD? no slander here JUST THE FACT THAT ATT FILED A LAWSUIT WITH FTEL as a DEFENDANT.-------------David you better get a much better education,or maybe your getting one from being a FTEL shareholder that does not want to know the facts about your investment. LIVE & LEARN

To: DavidCG who wrote (37874)	9/21/1998 2:06:00 PM
From: DavidCG	Respond to of 41046

There is no 1996 lawsuit. Now let us look to July 1997 (not 1996, moron) >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> ITEM 1. LEGAL PROCEEDINGS On July 28, 1997 the Company was named as a defendant in an action brought by AT&T Corp. ("AT&T") against Connect America, a reseller of "800" number service, its officers and affiliates, and several Internet Service Providers,including the Company. The action was brought in the U.S. District Court for the Central District of California. In general, the complaint alleges that Connect America and its officers fraudulently acquired 800 numbers from AT&T, failed to pay for them, and resold them to the Company and the other Internet Service Providers on a "flat rate" basis, notwithstanding the fact that AT&T's charges for 800 service are typically based on time utilized. The claims against the Company and the other Internet Service Providers are based on unjust enrichment, on the theory that the Company and the other Internet Service Providers knew or should have known that flat rate 800 service was unavailable. In addition to injunctive relief against Connect America and its officers, the complaint seeks damages of $7.4 million, punitive damages and attorneys' fees. The Company has filed an answer to the complaint denying the material allegations thereof, and plans to vigorously contest the action. There can be no assurance that the Company will be successful in its defense of the action. Because of the large amount sought in the complaint, an adverse outcome would have a material adverse effect on the Company's financial condition. >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> Get the date right and I'll stop picking on you. One should not live life being ignorant. -DavidCG

To: DavidCG who wrote (37874)	9/22/1998 2:27:00 PM
From: JHP	Read Replies (1) \| Respond to of 41046

"There is no 1996 AT&T lawsuit against FTEL... Slanderous one"--------- but there is a 1997 AT&T lawsuit against FTEL when will this be heard?

To: DavidCG who wrote (37874)	9/22/1998 3:08:00 PM
From: JHP	Read Replies (1) \| Respond to of 41046

" There can be no assurance that the Company will be successful in its defense of the action. Because of the large amount sought in the complaint, an adverse outcome would have a material adverse effect on the Company's financial condition."--------So there is anAT&T lawsuit against FTEL---WHY DID YOU SAY THERE WAS NO AT&T LAWSUIT when FTEL has this in their EDGAR filling? Are you purposely trying to mislead the people who read this thread? SHAME,SHAME ON YOU DAVID C G,integrity is hard earned,and you throw your honesty away trying to hype a stock. SHAME ON YOU