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 0.252

-16.3%

Nov 11 3:22 PM EST

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To: zax who wrote (2452)	11/5/1998 11:21:00 PM
From: Louis Riley	Read Replies (1) of 3203

I am sorry you just don't get it. This stock will never do what it did months ago without a push. And no analyst on Wall Street will ever push it. Since you obviously don't know your KTEL history, or my contribution to its illustrious past, here's some help. Trust me, I know a good short squeeze when I see one. KTEL is now a *long* squeeze: <<...As the shares rose, a few small analysts like Key West Securities' Anthony Elgindy and Stock Investor Trading News' Louis Riley climbed aboard to sing the praises of K-tel. The meager float made it an easy tout. Riley correctly pointed out the short squeeze, with dumbfounded short-sellers having to cover their positions only to drive the price higher in the process, but it was a bit of a self-fulfilling prophecy....>> fool.com

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