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%

Nov 24 3:28 PM EST

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To: Louis Riley who wrote (1437)	5/3/1998 11:59:00 PM
From: Don Roberts	Read Replies (1) of 3203

Mentioned in techweb.cmp.com K-Tel International Inc. drew particular ire, having jumped from single digits to $49.50 per share upon announcing an Internet strategy. "It's still K-Tel!" admonished David Bayer, president of Knappenberger Bayer LLC. "We have to taper our enthusiasm for things like the Internet with a dose of reality. Trees don't always grow to the sky, and there is such a thing as valuation." They are saying it is overvalued ... not a "hot stock." Short away! Cheers, Don

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