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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: Katherine Derbyshire who wrote (1717)5/5/1998 11:32:00 PM
From: D.J.Smyth  Read Replies (2) of 3203
 
Katherine, don't you think it is possible that Ktel could generate $95 million from internet record sales? Such a pig flying act would double their revenue from current levels. Why won't people purchase tapes from the internet vs. the store where sales cleared $29 bill worldwide? And why not ktel with the billboard agreement? Amazon has cleared that much in one quarter now from book sales. tape sales shouldn't be any less attractive on the internet. what factor is wrong with Louis argument? i don't know the man, but his argument relative to valuation is not outlandish relative to CDNW or NTKI. hype or no, where's the beef?
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