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Strategies & Market Trends : Tech Stock Options
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To: ViperChick Secret Agent 006.9 who wrote (42354)5/7/1998 10:33:00 AM
From: John Lacelle   of 58727
 
Lisa,

KTEL is simply too crazy. I was considering it a short prospect
last week but did not like the limited float. They don't carry
options so the risk was too great for me. This didn't deter a
lot of people who shorted KTEL with gusto at 20, 40, or 50. Well,
KTEL shot over 70 yesterday due to what can only be described as
a serious short squeeze. There are a lot of carcases laying all
over the tracks today...

-John

ps I really love the "VIllage People"...really! Go KTEL!!!
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