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Microcap & Penny Stocks : FRANKLIN TELECOM (FTEL) -- Ignore unavailable to you. Want to Upgrade?

To: Jack Sman who wrote (23547)	12/20/1997 6:59:00 AM
From: William Harvey	Read Replies (1) \| Respond to of 41046

Thanks Jack, For the last four days: 98,700 at the ask and 123,000 at the bid. On Wednesday there were almost twice as many buys as sells (22.9k vs 12.1k) and both Tuesday and Thursday buys were outnumbered by sells by only 15% of the total buys. Pretty interesting day yesterday. Until noon, we had 1,500 shares on the buy side and 30,100 on the sell. This is where it hit bid of $3.50. In the afternoon there were about as many buys as sells or 19,400 buys and 18,700 sells. It might be someone has a huge block to sell just under the bid 'all or none' and the MMs are backing away from it. WH