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

To: vic klimpl who wrote (23719)12/29/1997 12:10:00 AM
From: A. Calcagno  Read Replies (1) | Respond to of 41046
 
How will being listed on NASDAQ change the effects of market makers?

Several posts here have indicated that when listing occurs, the market makers will no longer be a problem.

As I understand it, the market makers are still the ones doing the buying and selling on NASDAQ, whereas the NYSE and AMEX are auction markets, with specialists doing the matching up of buyers and sellers.

Granted, being listed will give the company greater exposure, but the market makers are still in the middle.

Am I missing something here?

AC



To: vic klimpl who wrote (23719)12/29/1997 11:55:00 AM
From: larscot  Read Replies (1) | Respond to of 41046
 
>the answer is yes. 5 bucks is a requirement.It is the only impediment >right now.all other needs are met
as of today.

Maybe Frank needs to hire some pens to move the stock up a tad.

...if he hasn't already ;-)


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