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

To: Jack Sman who wrote (33447)	5/5/1998 9:12:00 PM
From: William Harvey	Read Replies (1) \| Respond to of 41046

Thanks, Jack. We had a ratio of 3 to 4 in favor of the sells today, but in the last 2 1/2 hours it was 5 to 2 in favor of the buys. In all, 35k/offer to 47k/bid with a single 5k block at the bid in the opening 10 minutes. One interesting thing of note was we had a couple of toe 'n heels, that is, a couple of times, there were two trades side by side at the same price but the first was the bid and the second was the offer. At 11:40 they were at $2.875 and at 12:28 they were at $2.813. In the first case, the trades were separated by a whopping 15 minutes but in the second, the difference was less than a minute. From a mathematical standpoint, it's a kind of 'point of inflection'. More of a curiosity than anything else. Like I said, the 10Q came out shortly afterward and was very well received and we've moved on to higher ground. WH