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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end?
KTEL 0.272+0.7%Nov 14 9:30 AM EST

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To: michael liu who wrote (2510)11/10/1998 10:51:00 PM
From: Tom Hua  Read Replies (1) of 3203
 
<<By the way, It is not easy to let Microsoft to pick you up. Once,
you are being picked up, you are already a winner.>>

Really? click the link below and see how many online music stores are featured on the MSN shopping network? Ktel is one of five, the others are AMZN (of course), NTKI's Music Blvd, Tower Records, and shopPBS (never heard of them, have you?). The competitors offer better choices (350,000 titles at Music Blvd) at great prices, so who's gonna click on Ktel?

BTW, Music Blvd is the "exclusive" prefered music seller on Infoseek, Disney, ABC, Ticketmaster, Netscape, Excite and the big one AOL, and guess what they haven't done too well. Revenues for the quarter just reported only went up a few percent sequentially, with mounting losses.

To be on the MSN shopping network will cost Ktel more than what it will get in online sales. No question about that. The only question is does Ktel have the cash to pay up?

Regards,

Tom

shopping.msn.com
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