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Technology Stocks : Teletek (TLTK): Relaxed and Holding

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To: Edward Ray who wrote (2119)9/19/1996 10:51:00 AM
From: Roger Brown   of 3645
 
The BIG REPORT you are referring to has not been released yet...they have until 9/30 according to SEC regulations....let's give them the time they need....

SO we have another possible 11 days until then...could be released before but unlikely in my opinion after talking to Mayer...

PS. Anyone given him a call recently?

Looking at the chart i wonder if this will rise to ~5.70 only to fall again (we are now on day 3 of the rise)...if we go up to high $5's i might play with this one because the price people are willing to pay recently is hanging around $5...worth the gamble IMO and frankly i am a little bored so it gives me something to do with TLTK in the meantime...

9/30 is a Monday and the 10K due in D.C. that day...

That means through next Friday, if it goes up every day, it will account for 9 trading days...That will be approaching a max....

Whatever happens though...expect a lot of movement on Monday if they file on time (they are penalized if they don't...i trust they will)...

Have cash ready to go becasue they will not probably release after trading hours (haven't yet) and set limit orders to protect (or help) yourself according to the price last quoted on Friday...

Just some advice (i've heard too many people say they got messed over)...
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