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 0.250

+6.8%

3:28 PM EST

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To: Clark Wang who wrote (1419)	5/2/1998 5:32:00 PM
From: Nelson Chang	Read Replies (3) of 3203

Well, shorts are being punished heavily and this makes no sense. But who ever said you need sense to make money on Wall St. The dreadful fact is that if KTEL breaks $49 1/4-50 on Monday, every single short will be facing a loss. Any many of those will be facing a margin call. I know, because I am. That is scary. Where are all the shares going to come from to cover?

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