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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end?
KTEL 0.250+6.8%Nov 24 3:28 PM EST

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To: Mr Metals who wrote (355)4/20/1998 5:27:00 PM
From: saber hormi  Read Replies (4) of 3203
 
>>Look at the market caps on YHOO, LYCO, and the rest of the internet stocks. Even most of the Dow stocks are trading at 30-40PE. This is insane>>

It took LCOS,and YHOO two years to reach the 1 Billion market Cap.
It took one afternoon for KETL to reach that target.
I wouldn't recommend to short YHOO, LCOS or XCIT. But KETL at 44 is a screeming short.
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