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Technology Stocks : TWTI - Total World Telecom

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To: Seth L. who wrote (7355)1/20/1999 9:38:00 PM
From: Mike Sawyer   of 7388
 
Two things...one about TWeeTI and the other about FTEL...first FTEL.

Seth...you da man!!! FTEL was a great pick! As you noticed...consolidation after the minor pop followed by a major move. Nice going! Sorry to say I had my head in the clouds and missed it. Keep'em coming though! Thanks.

Now for TWeeTI...

Today was the first day I've seen anything that actually resembled real trading. I understand that since it's trading on the pinks, that is the reason why we don't get a bid or ask and to get one you have to call the MM on it and ask for a bid and offer. I've never owned a pink sheet stock and did not know this. Have you ever heard of this situation? Here's today's time and sales...

Date..........Time....Price....Volume
01/20/1999....15:08...0.04.....20000
01/20/1999....14:59...0.03.....3000
01/20/1999....12:34...0.01.....10000

By the way...for anybody that still owns TWeeTI stock...I talked with Tom Biggs again and he had nothing to report. He said that the company is in a quite period and we will have to wait and see what happens next.

So I guess the saga of..."As the Stock Churns" continues on.

Cheers!

Mike
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