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

To: Jack Sman who wrote (25711)	1/22/1998 4:39:00 PM
From: Lee Bush	Read Replies (1) \| Respond to of 41046

Jack: What do you make of the very tight spread at the end of day? Lee

To: Jack Sman who wrote (25711)	1/22/1998 6:42:00 PM
From: William Harvey	Respond to of 41046

Thanks, Jack. The next lowest volume since Christmas. 21,000 volume on the buy and 29,100 on the bid side with 6,600 neutral. We had a rash of buys around 11 and an hour later an equal number of sells. Only one block of 5k shares traded today and it was on the buy side. Lee, when the bid and ask narrow, it usually means the supply is getting short. The problem is, lately there's been a selloff in the first thirty minutes, so maybe it'll loosen up some. On the other hand, any news on the wires and this won't even be a memory. <GGG> WH