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

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To: Roger Brown who wrote (61)1/26/1996 11:27:00 PM
From: Carl Smith   of 1014
 
Roger, in fact the message which started this discussion group mentioned
the company had been around for 15-20 years.

I don't profess to be any kind of expert but .............

I posted a couple of messages in this group a few weeks ago. If you look at
a chart you'll see that the earnings were already anticipated in December.
That's why the stock didn't move in January. The other reason I didn't buy
is the stock is selling for under $5 and isn't listed on the main NASDAQ. This
stock isn't going to go anywhere until institutions start buying it. Institutions don't
by two dollar stocks.

Therefore the company, if it truly has a product, should do a reverse split to
increase its price and go for a listing on NASDAQ. When this happens I may
consider buying but unless this is done I don't see the stock going anywhere.

I hope for all the Teletek shareholders I'm wrong.
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