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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 0.880-9.7%3:57 PM EST

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To: Larrie Woods who wrote (25131)1/14/1998 2:18:00 PM
From: topwright  Read Replies (2) of 41046
 
Larrie, good question. I couldn't really say for sure, but to me it trading like a stock that is not in inventory, in other words is free trading without any positions being covered or taken. If a sale hits the tape, they will edge us down, and vis a vie. It is also my take that if the spread opens up, it is because either a big order is hanging out there on one side or the other.

The caveat is that when ever MM's are involved, the real truth is never known or predictable.

RB
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