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

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To: Tony Harper who wrote (846)4/15/1996 1:59:00 PM
From: Roger Brown   of 1014
 
Re: Today's rise

So far it is around $7.45 at 1:30EST, but the volume is weak
at around 300,000. As nice rise, yet maybe not the jump as would
be predicted by large volume. A stonger possibility to go down
again tomorro...then again..maybe not...Might stay in this trading
range again tomorrow.

A price rise on weak volume is not as convincing....the buyers are
still trying to get it cheaper...just a little false spark today...
but the days are running out...hope noone is waiting for it to go down
much more...RSI has bottomed out...nowhere to go but up, statistically.
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