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Microcap & Penny Stocks : BANY: Core business growth, exciting affiliations! -- Ignore unavailable to you. Want to Upgrade?

To: brad greene who wrote (1899)	4/21/1998 9:13:00 AM
From: Larry	Respond to of 5847

Brad There is an interesting story going on right now and is being covered by CNBC as we speak (or write). Check out the chart for KTEL and you'll see a stock which has gone from around $6.50 to $49.50 in just 6 days. Apparently there was some excitement generated when the company announced it would sell it's products over the internet, but the story being told on CNBC is about a short squeeze going on with the small float. They described a "no borrow" move on the part of shareholders, causing the squeeze..... Interesting, huh?