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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end?
KTEL 0.265-0.4%Jan 16 9:30 AM EST

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To: ItsAllCyclical who wrote (1779)5/6/1998 7:33:00 PM
From: Louis Riley  Read Replies (6) of 3203
 
Well, I agree with some of it - especially that K-tel's president seems to have flip-flopped on his earlier statements that led us to believe the company had sufficient resources to implement their plan.

As for the endless comparative valuation argument - I still say a company that has been in in the direct-response marketing business for 25 years is likely to be a serious competitor to a company started in a guy's garage four years ago - and should be valued accordingly.

As for the Fools and their dogmatic disciples, we have wrangled for years. If you are an AOL member you can go check the IOM (was IOMG back then) Fool message board archives from May of 1996 and you can see where I called the top there, much to the Gardner's consternation. I also got in a rather public row with Fool Dale W over what I perceived to be his anti-hyping of PLSIA last year. Different opinions are what make a market...
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