Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Jack Sman who wrote (28475)	2/19/1998 4:18:00 PM
From: Seth L.	Read Replies (1) \| Respond to of 41046

Thanks Jack. New software? EOM

To: Jack Sman who wrote (28475)	2/19/1998 6:43:00 PM
From: William Harvey	Read Replies (1) \| Respond to of 41046

Thanks, Jack. Up to 1pm, there were 15,900 shares bought and 18,500 sold. The price dropped 3/32. From 1pm to 2:21, we had 27 trades at the offer in a row (this could be a record) for a total of 41,500 shares in all. The range rose 5/32 for the effort. From 2:21 to the closing bell, we had 35,900 shares traded at the offer and 35,200 at the bid and the bid/ask dropped 3/16 point. To recap then, 93,300 shares bought and 53,700 sold. The block trades turned positive with all coming after 1:30. 29.5k in 4 blocks at the offer and 15k in 2 blocks at the bid. Come March 2, preferred investors will be able to convert 290k shares at the price of $3.83 according to the rules set forth in the S1. A few more 'down' days won't hurt their results. All the shares on the buy end today only serve to 'wind the spring'. Look for a little pop like we had in the afternoon last Thursday and then again on early morning Tuesday to signal the 'all-or-nothing' sell is retracted. tscn.com WH