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

To: nmk who wrote (38279)	10/3/1998 1:45:00 PM
From: JS	Respond to of 41046

Growth in revenues is great. What is bad is the lower the price goes the more shares come to the market. Revenues per share will decrease even as revenues grow due to the stupid conversion features of their debt. When will these companies learn that conversion based on "market averages" are too diluting. Too bad because this company will be a winner. IMO it will be after all shares have converted and they do a reverse split. RE: burn rate. They will obviously have to go back to the lenders thus insuring more dilution, Frank sold mucho stock at the top. Smart boy! JS