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FRETTER NOTES UNUSUALLY HIGH VOLUME OF STOCK BEING TRADED

 FRETTER NOTES UNUSUALLY HIGH VOLUME OF STOCK BEING TRADED
 LIVONIA, Mich., June 26 /PRNewswire/ -- Fretter, Inc. (NASDAQ-NMS: FTTR) has noted unusually high volume of its stock being traded over the past 72 hours. The company has been advised that substantially all of the increased volume is the result of large block sales emanating from one brokerage firm. The company has preliminarily, but not conclusively, determined that such sales probably emanate from a single shareholder or affiliates thereof. The company is unaware of any other material circumstances which would materially, adversely affect the price of the company's common stock.
 Fretter, Inc. is a leading specialty retailer of home entertainment products, consumer electronics and appliances, with 82 store locations in Illinois, Indiana, Massachusetts, Michigan, New Hampshire and Ohio under the name Fretter and in Colorado, Montana and Wyoming through its wholly owned subsidiary under the name Fred Schmid Appliance & TV Co.
 -0- 6/26/92
 /CONTACT: Dale Campbell of Fretter, Inc., 313-353-8511/
 (FTTR) CO: Fretter, Inc. ST: Michigan IN: REA SU:


SM -- DE022 -- 4302 06/26/92 15:12 EDT
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Publication:PR Newswire
Date:Jun 26, 1992
Words:178
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