FRANKLIN TELECOM (FTEL) Message Board

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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)

FTEL 0.730

+7.4%

Dec 26 9:30 AM EST

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To: Jack Sman who wrote (24458)	1/8/1998 11:18:00 AM
From: topwright	Read Replies (3) of 41046

Jack, it's really hard to say, there isn't much overhead north of $6.50, maybe a small pocket of resistance at $7.50 but not much. To me the real wall was the $6.50 barrier and now that we've taken that out we're pretty much free trading. That's why I think you're seeing the MM's step up on the bid. The real beauty of this run, is that it has been orderly without any big gaps. I'd really like to see us base somewhere north of $6.50, say in the low $7's, churn a million or so shares, then be poised for a second run on any more positive events. RB

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