Teletek: Big Earnings About To Be Posted Message Board

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Microcap & Penny Stocks : Teletek: Big Earnings About To Be Posted

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To: Tony Harper who wrote (654)	3/20/1996 11:02:00 PM
From: SOBANO TIEM	of 1014

Hello Tony, No one can really predict market activity especially interday. I originally planned for an a correction at $8.5 and saw what I thought would be an early correction on 3/15 when the closing price closed near the low end of the days Hi and Low. But somebody came in and bought 50,000 shares and stabilize the price. Who could have known?? If you take a look at the lombard graph 3/16 you should see a lower low from the previous day interday low. This is what I look for in a trend reversal for TLTK this is just based on technical history. We saw manipulation, profit taking, and panics today on a volume of 3.6 mil a new vol. high, 30+% of the O/S traded hand today. Question I ask myself?? Are there anymore shares out there to be sold? The best time to manipulate stock prices is usually after heavy run up or low volume. At $7.75 with gross rev. already confirmed at 17 mil, that should put NI at .14/shares putting combine earnings at .27/shares for the three qtrs. PE at only 28. TLTK is at a bargain right now!!! Tomorrow should not be as wild as today, I'm looking for TLTK to form a base and stablize 7.75-8. But the close was at the low end and still giving me bearish signals, I hope I,m wrong. Tony if you cannot read the trend tomorrow and cannot get the best price, don't worry!!! If you trade tomorrow, trade because you acknowledge the fundamentals. And that $15/share in July should be easily attainable. Even if we don't see any real growth in rev., we'll definetly see a growth in NI(no litigation charge) of .07. Thats what ready fuel stock apprication!!! I hope this helps. I'm only 25 and gave up alot of stability to trade on a daily basis. Freedom from corporate america. Good Luck tomorrow!!

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