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

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To: who wrote (819)4/4/1996 6:50:00 AM
From: Franco Battista   of 1014
 
If earnings do not disappoint we will see 12 to 15$. If there is
an earnings surprise, and this can easily happen as the CEO seems
to have given conservative estimates for the quarter, then we may
approach the 20$ mark, especially if the CEO is bullish about the
following quarter.

I have bought more stock and increased my
position during the present selloff. The recent drying up of volume
indicates upward pressure on the stock. We should see a steady rise
to between 8.50 and 9.50$ before the earnings report. Some will want
to sell at that point but the ones who are long will be the most
rewarded. Of course this is my opinion, but I have put my money
where my mouth is.
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