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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end?
KTEL 0.255-1.9%Dec 5 9:30 AM EST

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To: J Moberly who wrote (111)4/15/1998 10:46:00 PM
From: Bill Rood   of 3203
 
Mr Moberly good luck to you tomorrow I have a feeling you'll need it. People that try to parlay retirement money on a momentum stock that has lost momentum need to stop and think instead of hyping. I watched FAHN absorb buys all day your 2000 shares are nothing. If they want this stock down its going down. People who shorted today are in the money people who went long are not. Selling pressure tommorrow will bring panic selling perpetuated by people like yourself who think they can guess the bottom. To the technical analysis person whom said 1/3 retracement is normal you are correct and we havent had that yet. My guess is it will settle in the 10-13 range sometime next week until any further anouncements. polka anyone!

goodluck
Bill
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