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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end?
KTEL 0.251-7.7%Nov 13 10:10 AM EST

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To: Tom Kearney who wrote (1455)5/3/1998 11:20:00 PM
From: White Shoes  Read Replies (2) of 3203
 
Tom, I sort of get it as some of my posts have indicated. In fact, I have equivocated of late, and now think that this is at the very least a debate over valuation, which makes it a debate you can lose in this market...over time reality must set in but for now Ktel can dream up a couple of dozen phantom strategic alliances and keep pumping out the press releases on a weekly basis...made all the more credible by some real growth they may experience due to their new ventures and dog-eared website.

It is very telling though the manipulative method in which they announced the 'rights' to the Billboard chart.

It says things, things that are very scary for the short interest in the short term. It also says they are more serious about promoting the stock than they ought to be.

So I sort of get it about brand recognition and stuff but it's a really lousy brand, and nothing like IBM.

Make mine a Royale With Cheese please...and I am still waiting with credit card in hand for the KTEL Patty Stacker...comes in regular or Tofu for the '90's...

Admit it, you would never buy a KTEL CD on the web. Will anyone? We'll just have to wait and see. Certainly I wouldn't rule out a business success, especially when the day comes when TV becomes more web-like. Suddenly the infomercial just got a lot more powerful.
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