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


To: Mitch Aunger who wrote (38232)10/2/1998 12:25:00 PM
From: Jamey  Respond to of 41046
 
Mitch, thanks for the correction. Take care of the kids. I hope they feel better.
The Fnet ipo is guaranteed to cause a lot of publicity and interest in FTEL. With the market volatility and big Al shooting his mouth off, timing will be important.
Santiago



To: Mitch Aunger who wrote (38232)10/2/1998 12:29:00 PM
From: vic klimpl  Read Replies (2) | Respond to of 41046
 
Mitch,
thats the correct interpretation.However,fnet in my judgement owes ftel money beyond what they have been given in equipment and what they will purchase in future.There have been ongoing expenses incurred by ftel holders 100% over the last nine months or so (i.e.salaries,office space ,supplies,t&l,etc).A lot of our loss incurred in the last 10k can be attributed to the start up of fnet.I would expect total compensation as an ftel stockholder and that could be a very big turn around in ftel bottom line albiet a one time event.