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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end?
KTEL 0.260+1.9%Dec 3 3:48 PM EST

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To: Mama Bear who wrote (1225)5/5/1998 11:14:00 PM
From: Katherine Derbyshire  Read Replies (3) of 3203
 
>>People shouldn't disrespect Lou Riley the way they have here. I
admit, if he's just come into your awareness you could jump to the
conclusions that some have, but if you have known him for 2 years
the way I have, you sure wouldn't want to play against him. <<

I don't want to play against anyone who's using loaded dice.

I read a lot of press releases from a lot of people. Few *company-issued* press releases shovel out as much hype with as little justification as Mr. Riley's "KTEL will hit $100" release did. Probably because companies who make wild predictions like that tend to get sued.

I'm sure he made a ton of money for himself and his clients, but I think you'll see pigs fly before KTEL brings in actual earnings to justify that kind of valuation.

Katherine
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