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Technology Stocks : Elcotel, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Edward M. Clayton who wrote (81)	4/1/1998 8:48:00 AM
From: GJF174	Read Replies (1) \| Respond to of 94

The sellers are gone, and we have several large buyers. I saw a brand new name there yesterday with a bid of 10,000. He didn't get filled as best as I could see. I'm waiting for some good news from Teleport. A few years ago, Elcotel announced they had sold phones to Teleport that went into the NYC port authority, as well as other applications. Now that ATT bought Teleport, we would think they still will use Elcotel's phone. Regardless, you can see the lack of pressure has paid us well. Also, the company has hired a high powered PR firm. I think we'll see some very good press. And with only 13mm shares, that press could make a big difference.