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


To: Brett S. who wrote (39360)11/20/1998 3:18:00 PM
From: Jamey  Respond to of 41046
 
Hot off of the press:





On November 21st and 22nd, 1998
Partes will be performing maintenance on its equipment. During this time, there will be interruptions in its service and you will not be able to update your watchlist account. We apologize for any inconvenience this may cause you and appreciate your patience.
The Partes Web Site Team
FRANKLIN TELECOMMUNICATIONS CORP 4/A
Filing Date: 11/20/98



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TYPE: 4/A
SEQUENCE: 1
DESCRIPTION: AMENDMENT TO FORM 4 - FRANK W. PETERS


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FORM 4
------ -------------------------------
OMB APPROVAL
U.S. SECURITIES AND EXCHANGE COMMISSION OMB NUMBER: 3235-0287
WASHINGTON, DC 20549 EXPIRES: SEPTEMBER 30, 1998
ESTIMATED AVERAGE BURDEN
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP HOURS PER RESPONSE 0.5
/ / CHECK BOX IF NO --------------------------------
LONGER SUBJECT TO Filed pursuant to Section 16(a) of the Securities
SECTION 16. FORM 4 Exchange Act of 1934, Section 17(a) of the
OR FORM 5 OBLIGATIONS Public Utility Holding Company Act of 1935
MAY CONTINUE. SEE or Section 30(f) of the Investment Company
INSTRUCTION 1(b). Act of 1940
(Print or Type Responses)



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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
Peters Frank W. Franklin Telecommunications Corp. -- FTEL to Issuer (Check all applicable)
--------------------------------------------- ---------------------------------------------- X Director X 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ----
733 Lakefield Road Number of Reporting Month/Year X Officer Other
--------------------------------------------- Person (Voluntary) October 1998 ---- ----
(Street) ------------------ (give title below) (Specify below)
Westlake Village CA 91361 5. If Amendment,
--------------------------------------------- Date of Original
(City) (State) (Zip) (Month/Year) --------------------------------
11/10/98 7. Individual or Joint/Group Filing
------------------ (Check applicable line)
X Form filed by One
---- Reporting Person
Form filed by More than
---- One Reporting Person
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TABLE 1 -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Transac- 4. Securities Acquired (A) 5. Amount of Se- 6. Owner- 7. Nature
(Instr. 3) action tion or Disposed of (D) curities Benefi- ship of In-
Date Code (Instr. 3, 4 and 5) cially Owned at Form: direct
(Instr. 8) End of Month Direct Benefi-
(Month/ (Instr. 3 and 4) (D) or cial
Day/ --------------------------------------- Indirect Owner-
Year) Code V Amount (A) or Price (I) ship
(D) (Instr. 4) (Instr.
4)
Common Stock 9/28/98 P 500,000 A $.35 5,325,893 D
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
*If the Form is filed by more than one Reporting Person, see Instruction 4(b)(v).

SEC 1474 (7-96)



FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)


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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. 8) quired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ Disposed of (D) (Month/Day/ Secur-
ative Year) (Instr. 3, 4, Year) ity
Security and 5) (Instr. 5)
-----------------------------------
Date Expira- Amount or
-------------------------- Exer- tion Title Number of
Code V (A) (D) cisable Date Shares
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9. Number of 10. Ownership 11. Nature of
Derivative Form of Indirect
Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)

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EXPLANATION OF RESPONSES:
November 19,
**INTENTIONAL MISSTATEMENTS OR OMISSIONS OF FACTS CONSTITUTE FEDERAL CRIMINAL VIOLATIONS. /s/ Frank W. Peters 1998
SEE 18 U.S.C. 1001 AND 15 U.S.C. 78ff(a). ------------------------ -------------
**SIGNATURE OF REPORTING DATE
PERSON


NOTE: FILE THREE COPIES OF THIS FORM, ONE OF WHICH MUST BE MANUALLY SIGNED. PAGE 2
IF SPACE IS INSUFFICIENT, SEE INSTRUCTION 6 FOR PROCEDURE. SEC 1474 (7-96)

POTENTIAL PERSONS WHO ARE TO RESPOND TO THE COLLECTION OF INFORMATION CONTAINED
IN THIS FORM ARE NOT REQUIRED TO RESPOND UNLESS THE FORM DISPLAYS A CURRENTLY
VALID OMB NUMBER.



To: Brett S. who wrote (39360)11/20/1998 5:11:00 PM
From: lostmymoney  Read Replies (1) | Respond to of 41046
 
Brett,

With all due respect, well-informed investors and sentiment is an oxy-moron. I disagree with some opinions VS has, and I agree with VS on SOMEof the facts. Facts and sentiment are two distinct different investing techniques. Lets here both sides here. and be totally honest to these newcomers. Some no longer post on SI because they have been banded. Not because of VS. VS may what you call "bash" but has done so in a polite and non-confrontational state, in which I do not call "bashing". Again, I do not agree with VS on certain subjects, nor do I invest by "sentiment". I WANT both sides, for my own good, whether it "feels" good or not. Thanks for pointing out the one sure way of FTEL's Company. Go to web-site, read past articles, messages from CEO's and check the record.

Thanks
Mike