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 0.270

+8.0%

Dec 1 9:39 AM EST

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To: DarrenS who wrote (52)	4/15/1998 11:08:00 AM
From: Louis Riley	Read Replies (2) of 3203

<< ...Remember the float is just 4 mill. ... >> Sorry, but that is incorrect. From recent 10-Q filing: << ...At February 9, 1998 there were outstanding 3,815,609 shares of common stock,$.01 par value per share, of K-tel International, Inc... >> Of those ~3.82MM shares, only 900,000 trade actively (the float). Small supply + Huge demand = Mucho dinero for longs. ;)

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