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

To: Mark Jenkins who wrote (30959)	3/24/1998 5:40:00 PM
From: Pat Garaffa	Read Replies (1) \| Respond to of 41046

I'll let Bill Harvey calculate the entire log. I just want a crack at the first half hour. I'll assume (dangerous word) that anything traded at the ask was a buy and anything at the bid was a sell. From my calculations there were 40.3K traded at the ask (bought) and 26.9K traded at the bid (sold). (Repeat - first half hour only) Since there was obvious upward pressure on the stock beginning at 9:30, the MM's did what any decent, hard working thief would do - they lowered the bid at 10:00 AM!! Only in America! - Pat