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

To: elk who wrote (35287)	6/26/1998 4:07:00 PM
From: Seth L.	Respond to of 41046

Well folks another week gone by and the state of the company is the same fundamentally. Average volume over the last couple of weeks has taken a significant drop. The share price has eroded a little more this week. We had 1 news item this week. As far as I can see the same MMs are on the bid and ask. The spread has danced around tightly at or about 2%. We were skipping what most of us thought was the resistance level at or about 2.80 we broke through that this week (minor shakeout) and instead of free falling we held up at or about 2.50. So is next week more of the same? "There you go again with those negative waves again moriarty" (Kellys Heroes). Well I believe that if it is, it will be one of the last like this for a long while. Sethy