Roger's 1998 Short Picks Message Board

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Strategies & Market Trends : Roger's 1998 Short Picks

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To: Mama Bear who wrote (7274)	4/18/1998 3:44:00 PM
From: Investor-ex!	Read Replies (2) of 18691

Barbara J, I wouldn't speculate on K-Tel long OR short, not without someway to hedge. Might as well go to Vegas. What gets me is, one day, they're a 3rd tier mail-order record distributor and the next, the market decides they're some hot internet stock worth a 500% increase. If this isn't some sort of sign, I don't know what is. But if you believe the current momentum + hype + inevitable squeeze can move this stock up to anything near AMZN levels, go for it -- it probably will. Hopefully, you will have cashed out before it and/or this whole internet thing collapses. Meanwhile, K-Tel International's "world headquarters" are just a few blocks from here. I think I'll do a drive-by and see if there is anything going on.

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