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 0.210

-23.0%

Jan 28 2:02 PM EST

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To: Ron Sirch who wrote (1736)	5/6/1998 10:43:00 AM
From: ItsAllCyclical	Read Replies (1) of 3203

"1 million site visits..." I would imagine most of those site visits were from longs and shorts checking their investment. Consider KTEL trades between 5-10 mil shares a day, I'd say that's actually a small #. On-line music stores are great for finding CDs that are hard to find at Best Buy, but I still do most of my shopping in stores because the price is still to expensive IMHO. Today the mm's are keeping the stock propped up because many ktel longs don't have instant new access via the net. By the end of the day it'll be 60 or lower. MM's are continuing to sell and go short.

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