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 0.270

+8.0%

Dec 1 9:39 AM EST

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To: marie fouchia who wrote (1676)	5/5/1998 8:59:00 PM
From: Van Nguyen	Read Replies (2) of 3203

I agree with your analysis; however, I think that the dead cat bouncing would be at 50 rather than 57, and then the panic sale will happens after it breaks below 50. IMO, it'll be back to the 20 within this week. The quasi positive closed today is definitely backed up by MM, because KTEL is still a money machine for them. A month ago, the daily volume was 0 to a few hundred shares changing hand; thus, as long as the game runs, MM are happy.

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