here is a good example of how sincere and trustworthy analyst are when it comes to internet issues.
HURST, Texas--(BUSINESS WIRE)--April 16, 1998--Anthony Elgindy, Chief Analyst of Key West, stated today, ''Although KTEL has announced plans to offer their
products via the Internet, this hardly supports an increase of 300% in market capitalization. When the hysteria dies down and the volume dries up, the stock should settle
to a more appropriate range between $5 and $7. This could happen very quickly based on earning and book value.''
HURST, Texas--(BUSINESS WIRE)--April 17, 1998--Anthony Elgindy, Chief Analyst of Key West, stated today, ''We have decided that we should reverse our
position based entirely on the market's evaluations of KTEL's competitors on KTEL shares and we believe that, although this sector is overbought, KTEL shares
represent the best value of all the competitors. We believe that KTEL shares could actually trade in the $30 to $50 range and still remain a good value for long-term
holders. We now rate KTEL as a BUY on market dips.'' |
