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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: Benny Freeman who wrote (428)4/20/1998 8:19:00 PM
From: Mortis  Read Replies (2) of 3203
 
Does KTEL have any internet-based sales?
How long do you think it will take KTEL to get a fully functional website that will generate revenues? 6 months? 1 year?
In the mean time, given forward looking price to sales ratios, is KTEL trading at a premium or a discount? What kind of probablistic spectrum can we apply to these projected sales?

I'll do the math when I get home, unless someone out there feels like saving me the effort... I believe I will find that KTEL is way overvalued, that we are in the midst of a beautiful short squeeze, and that the market will (in time) correct.

Yup, I believe in efficient market pricing....

Mort
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