MUSIC STOCKS: HIGH-TECH AND INTERNET- Winners and losers. Message Board

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Technology Stocks : MUSIC STOCKS: HIGH-TECH AND INTERNET- Winners and losers.

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To: Rashid Garuba who wrote (4)	4/23/1998 6:35:00 AM
From: Rande Is	Read Replies (2) of 179

Rashid, Good to see you here. It figures you are in KTEL. Anywhere people are making big money, you are already there. Just amazing. Though I don't believe many of the new investors in KTEL have ever even heard their music, I have to credit the KTEL company. First and most importantly, they are making an enormous amount of money on the craze. You refer to the possibility of 100/share. What a time to pour some shares into the market. This new injection of cash could put them into a financial position to buy some real record companies or anything else they might want. Also, by declaring a 2-for-1 split, they give current shareholders another reason to hold, while those wanting to get in at a lower price a new opportunity to buy. This should keep them flying high for quite some time. Downside is that by doubling the outstanding shares in the split, shorts will no doubt have an easier time finding shares. Either way KTEL will still come out smelling like a rose, even though they will sell the artificial variety. Rande Is

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