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Non-Tech : K Mart and Martha Stewart
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To: Laird Durham who wrote (6)5/22/1998 4:13:00 PM
From: HerbVic   of 13
 
All very good points.

I have rethought my take on the internet marketing angle. I don't think that the hype will raise expectations as much as I previously thought. The recent speculative run ups on internet issues were primarily on Yahoo, Excite and Ktel. Yahoo and Excite are competitors in a newly formed business model with its foundation in internet advertising. Ktel is a Ronco type company that markets preprogrammed music CDs, among other things.

K Mart does not fit the speculative profile of these companies. But I do think that there is some long term growth potential in K Mart, if one is willing to wait. And there will be some interest generated by the internet hoopla. I look for the stock to get to 22 by the end of July.

Good hunting,
HerbVic
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