K-Tel (KTEL) Have the cheesy '70s records come to an end? Message Board

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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end?

KTEL 0.336

+5.0%

Nov 3 3:02 PM EST

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To: arya khidayen who wrote (3152)	8/15/1999 11:08:00 AM
From: Rajiv	Read Replies (2) of 3203

big increase in revenues unexepected good earnings big short squeeze coming You have come out of hibernation to post your wish list ? BTW, my records show that KTEL does not report earnings till the last week of September. When was the last time KTEL has shown a big increase in revenues? This quarter will again show a loss. After their settlement of the lawsuit and with last quarter's cash burn, they are probably out of cash. Don't confuse momo players/daytraders pumping each other with a short squeeze. KTEL's rallies usually don't last more than 2-3 days (they can end after day 1 itself). A few weeks from now, KTEL would have gone back to where it came from (probably lower). I have heard the phrase "big short squeeze coming" often on threads of stocks like ZITL, BAMM, KTEL, etc. (usually posted by longs who bought at higher levels and are in great pain). Guess what, it is not coming. You will have to make a new wish-list. Regards, Rajiv

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