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


To: Jack Sman who wrote (31624)4/2/1998 9:52:00 PM
From: William Harvey  Respond to of 41046
 
Thanks, Jack.

Trading went through three stages today: Pause, advance and pullback. Until 12:15, 35.3k/offer vs 33.6k/bid and the price went no where. From there to 3:40, 58.6k/offer vs 22.2k/bid and a rise of 17%. The pullback took 8.5k/offer and 13.5k/bid. Not very convincing fall.

My guess is that the sector could be responding to the BusinessWeek articles in this week's mag. It hasn't had that kind of coverage since the Barron's feature story. I guess there's a chance that something's in the works. Remember we rose from 3.5 to 4.37 10 days before the WCOM release.

WH