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 0.258

-4.1%

Nov 28 9:30 AM EST

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To: Louis Riley who wrote (77)	4/15/1998 4:59:00 PM
From: Bill Rood	Read Replies (2) of 3203

Lou what do you think the signifigance of FAHN sitting at the ask all day. Absorbed a ton of buys at 20 1/2 again at 20 and lower. Kept stock from rallying. It was a big order to fill or hes mighty short. I think the stock trades down. Just as shorts get hammered the reverse happens with panic selling. If I had opened a position today I would prefer to be short than long as it stands now. If it opens down tommorrow people who bought today will bail. Good luck in your new Venture. Bill

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