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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL)
FTEL 2.080-4.1%Feb 10 3:59 PM EST

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To: STK1 who wrote (28049)2/14/1998 10:07:00 PM
From: Paul Hofmann  Read Replies (1) of 41046
 
<Paul or anyone why did it take so long to get such a decient spread? The mm could have had this stock above 5 days ago. I do not understand.>

Charles, one thing I feel I'm not well qualified to comment on are some of these ins and outs of what the market makers do (spreads, bid/ask prices, etc.). Indeed, I think it would take me a lifetime to try and get inside the mechanics and mindsets related to all this stuff. The contradictions are apparent, and yet some inner logic definitely drives these markets in somewhat "normal" patterns.

Anyone with any good links?

I do know that if you go through some of the old FTEL posts (ah, but who has time for that, right?!), you'll run across some good info.

Know I'm not much of a help...sorry!

Shalom

PS BTW, I very much enjoyed your last post.
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