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

To: Jack Sman who wrote (32259)	4/17/1998 5:29:00 PM
From: William Harvey	Respond to of 41046

Thanks, Jack. Four to three in favor of the offer: 76k/offer vs 54.4k/bid. Look at the trading after 11:46 and you get 40.3k/offer vs 15.8k/bid. A little different and yet they only upped the range 1/16 to 1/8 on the offer side. Thirty percent of the trades were big blocks, the largest we've seen for a while: 10k buys (2), 24k sells (4) and one block of 8k split the two. Don't get your nose too close to this, but we had 3 streaks of 7 buys in a row and 2 streaks of 8 buys in a row (ranging in total size from 6.1k to 17.9k per streak). Do you know what the odds of that happening in a random market? You can flip a coin 128 times to get an average of one '7 heads in a row' (256 for an 8 in a row) and we only had 83 trades today. There's a lot of quiet buying going on. Think about that over the weekend. WH