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 0.260

-8.8%

Nov 21 9:30 AM EST

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To: Rashid Garuba who wrote (417)	4/20/1998 7:42:00 PM
From: Mortis	Read Replies (1) of 3203

Just because a firm announces that it will sell via a new medium does not mean it should trade at multiples similar to those enjoyed by "entrenched" firms. I believe that KTEL is overvalued at these levels, and plan on shorting if we see the upper 40's again (mind you with a tight stop ;-) Mort

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