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 0.333

-1.0%

Nov 5 2:31 PM EST

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To: tool dude who wrote (2829)	11/22/1998 11:21:00 PM
From: Brentsky	Read Replies (1) of 3203

Tool, anything could happen. Clinton could quit looking at young girls. But, one thing is certain. The fundamentals of KTEL are crap. The company is close to bankruptcy. Sure, daytraders could bounce it up a point or two, but I doubt it given this is Thanksgiving week and there are more exciting stocks (with real news) around. Plus, after mucho lawsuits, and more on the way, losses after losses, much hyping by the company and crashing from 39 to 9 in a few days, most daytraders are going to be more than a little nervous about going long with KTEL. Something's gonna get squeezed, but it ain't gonna be the shorts. BTW, what hype could KTEL put out this week that anybody would believe? No, this sucker is going downtown!!!! Brent

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