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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end?
KTEL 0.251-7.7%Nov 13 10:10 AM EST

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To: timroy who wrote (2367)9/12/1998 12:18:00 PM
From: Les White  Read Replies (1) of 3203
 
Short covering

Everyone and their uncle has been trying to short this stock into the grave. The short interest is high and there aren't many more sellers left.

Like a dry field of brush in southern California, KTEL's short sellers have gone up in flames by a strategically thrown lit match.

This short squeeze was no accident. It was predicted a week ago.

KTEL will go up on Monday.

Les.
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