FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 3.550

+1.4%

Jan 9 9:30 AM EST

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To: James E. Glover who wrote (21189)	11/13/1997 4:21:00 PM
From: George Kirlin	Read Replies (2) of 41046

Jim, I shall respectfully disagree with you regarding prices not responding to supply and demand. Accumulation is being done by whom? By the MM, not by JQPublic. Short term Money Flow, Volume Accumulation, and On Balance Volume are all short term negative through last night. I have not updated yet for end of today, but by the trading today, I would hazard that those three are negative again for tonight. FTEL is technically under distribution at the moment, net sellers, not buyers, IMHO. This could change tomorrow, but it has not for the last 3 days.

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