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: McNabb Brothers who wrote (612)	4/21/1998 5:40:00 PM
From: Mr Metals	Read Replies (1) of 3203

Eventually everything (INCLUDING THE DOW) will crash back down to reality. I've been playing the junior mining sector in Canada for 10 years. We just had one of the biggest scams in mining history. The company was called BRE-X Minerals. Their stock went from 25c a share to over $200.00 a share on a major (SO THEY CLAIMED) discovery in Indonesia. It turned out to be a fraud and the company is now bankrupted. There was around 100 junior mining companies that went after the mother of all gold deposits in Indonesia. I saw stocks go up 500-1000% on just a mention they got a property in Indonesia kind of like what's going on with the internet stocks. I'm not comparing BRE-X to KTEL but it's the euphoria that's making these stocks skyrocket and IT WILL come to an end. It's absolutely ludicrous what's going on with the internet stocks and the whole market. I've seen plays like this and they all come crashing down (IN A VERY BIG WAY) sooner or later. I might get stopped out at $50.00 but that's life. You can never pick the bottem or sell the top. Mr Metals

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