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: David Bleich who wrote ()	2/9/1996 10:29:00 AM
From: Kunal Singh	of 1014

Imagine my surprise after returning from London! I was on a business trip for three days and the stock that I have invested in heavily suddenly decides to move. Well, its about time. I had expected it last week, but I'm glad it finally occurred. For those who are interested, the press-release describing the growing revenues of Teletek is also on Bloomberg dated Feb 6. The January revenue has exceeded $5 million and the second switching station installation is on schedule and Hi-Rim is launching a marketing campaign in the midwest region. This stock does not seem at all erratic. It seems to have a very steady pace, perhaps because large institutions don't invest in it. But once it crosses $5, look out! Have to analyze the volume data to see what the current low is. I was glad that I didn't sell at the decline, as it didn't cross my expected low of $2. Just trying to do some technical analysis along with the fundamentals which have already convinced me. :-)

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