TGL WHAAAAAAAT! Alerts, thoughts, discussion. Message Board

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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: Supervalue who wrote (139096)	10/24/2004 4:41:05 PM
From: Taki	of 150070

Thank you guys.TELT.16 will be the play of the week.Buy orders are in already in several tens of thousands. News,after closeFriday.Teltronics Signs Agreement To sell 24 million shares $1.88 per share, raising $45 million. Probably the play of the coming week.Watching it all over the place. Some DD:1)O/S =7,8 MILLION SHARES.2)FLOAT =5,9 MILLION.3)Market cap is $1.25M ONLY AT ABOUT 45$ MILLION IN REVENUES ANNUALLY.4)IMO THERE IS A SHORT POSITION ON TELT,AND WILL BE INTERESTING TO SEE WHAT HAPPENS MONDAY.ANYONE IF TRIED TO BUY 24 MILLION SHARES IN OPEN MARKET WOULD BE 50$ PER SHARES IMO.SO THESE WHO EVER THERY ARE WANT TO BUY FROM COMPANY AT $1.88 PER SHARE. SARASOTA, Fla., Oct. 22 /PRNewswire-FirstCall/ -- Teltronics (OTC Bulletin Board: TELT) is pleased to announce that it has signed a definitive agreement subject to certain conditions to sell 24 million shares of Teltronics restricted, unregistered common stock at approximately $1.88 per share, raising $45 million. The agreement calls for payment of $15 million at closing and two promissory notes of $15 Million to be satisfied in 2006 and 2007

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