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

To: Dongyan Yao who wrote (33857)	5/15/1998 6:34:00 PM
From: STK1	Respond to of 41046

You know with so much interesting stuff around here nobody has hit the button.its fairly obvious that the MM's have been buying blocks for about two to three weeks in wait of the news from ftel.The result of this much volume and such a little turn up considering the up ticks represents a common source of the stock.Its impossible to tell since you would have to compile some serious data but I believe that most of these sales yesterday were from the MM'S inventory.This will prove out as soon as you see the same style of buying start occuring next week.The day traders will always bring the stock down after a rise and the fact we had no support at all today is so good for the MM's that they will start accumulating again soon.This stock has seen so much manipulation in the last 5 months that Its really a wonder someone has not filed for an investigation.I suppose its legal but its so unethical.In any event I am not impressed at all this particular minute,I hope Magruder has more up his sleave and pulls out a bigger coup then this next week.It is obvious that FTEL has burned too many bridges at this moment.Its going to have to really earn the next round if it still can gain the confidence of additional investors,or at least persuade the daytraders to get into it a little heavier.