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

To: VALUESPEC who wrote (37921)	9/23/1998 1:08:00 PM
From: David D.	Read Replies (1) \| Respond to of 41046

Considering what you've said, there may be a lot of DOWN pressure on FTEL until May. Is that correct? At the same time, providing there are no more convertibles put in to place, June could begin a very solid rise in price, [if not before]. Would you agree? David D.

To: VALUESPEC who wrote (37921)	9/23/1998 2:00:00 PM
From: DavidCG	Read Replies (1) \| Respond to of 41046

Maybe I'm missing something here... I looked at Valuespec's link to FTEL's financials and I read this: "and 2,000,000 shares are issuable upon conversion of shares of the Company's Series C Preferred Stock held by certain Selling Shareholders (the "Convertible Preferred Stock)" Now doesn't that mean a total of 2 million shares can come from these Series C conversions?.. If so, what exactly is the big hoopla about 2 million more shares? -DavidCG