Teletek: Big Earnings About To Be Posted Message Board

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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted

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To: John Eiderfors who wrote (57)	1/26/1996 5:31:00 PM
From: Kunal Singh	of 1014

Nothing yet on Bloomberg, but interesting volume data on this company. I was looking at it in Bloomberg. Week High Low Total Volume (millions) 1/22 - 1/26 2 3/4 2 1/4 2.9 1/15 - 1/19 2 9/16 1 25/32 2.05 1/8 - 1/12 2 3/32 1 3/4 .99 1/1 - 1/5 2 3/8 1 31/32 .98 * 4-day week 12/25 - 12/29 2 27/32 1 7/8 2.66 * 4-day week 12/22 - 12/18 2 1/4 1 5/16 2.91 From this data, it would seem to me that the current base is beyond 2.0 with 1 3/4 being the low. Remember that according to projections of the company for the next quarter (.09/share on income of 900,000), the outstanding shares then would be about 10 million. At the current rate of turnover, interest in the stock seems to be growing at the rate of a million shares per week after it has crossed the $2 price, I would expect the stock to cross the 3.0 boundary by the end of next week. Of course that assumes no negative news in that period. Comments anyone?

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