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Subject:  ETS PAYPHONES Date:  8/21/1999  1:34 AM
Author:  Nlmeem Number:  13313 of 99380

Our financial advisor has suggested we invest in Payphones. It is a lease arrangement with a "guaranteed" return of 14%. Since our only income is Social Security (not very much) we are anxious to find out more about this company.

We thought perhaps other members of "Fools" had heard of this company. According to our advisor he, his family and many, many more people have made out very well investing in ETS. The annual return of 14% is guaranteed for 5 years also.

We are going to request copies of their financial reports, any other suggestions will be greatly appreciated.


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