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 0.251

-7.7%

Nov 13 10:10 AM EST

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To: Tom Hua who wrote (2879)	11/28/1998 1:12:00 PM
From: StockDung	Read Replies (1) of 3203

"No, I am not saying that the net stocks are cheap. Yes , I am saying that they may be cheap in 2003 earnings. Believe me, there are people who think like that. We have a name for them. They are called VISIONARIES." People might say I was crazy for writing this. I didn't. These are the words of Jim Cramer of the Street.com. First the shorts say Bill Gates is crazy for making a deal with KTEL for which they would like you to believe will not make Bill Gates money in the future so they can make money on their greedy short positions. Next they will say Cramer was nuts for saying people are buying net stocks like KTEL because they dont see the same vision as I do. I am not crazy, Jim Cramer is not crazy and Bill Gates is not crazy either. This is America. If I want to buy a stock for the sole reason that they are going to squeeze the shorts, I can. I can buy KTEL because if I think they will get funding in the future, I can. Ktel was up 5 1/2 on Friday and there are others that have a vision. My vision is over $30 on Monday. It can. It should go up $5 of every unwarrented class action suit filed against them by those slimmy class action attorneys everyday next week. I think the will lose. KTEL did not have to disclose that they did not meet NAS requirements at that time. I have read that. Nobody knows what KTEL was or has been negotiating to meet this requirement. KTEL is not going under because of a poultry 4 to 6 million dollars. Look at companies like ASND, IOM, CPQ, COMS that have had class action suits and look at there stock price now. Because of the confidentiality of financing why would they have to make it public? As for KTEL's defense they just have to print the speculative posts by market manipulator like yourself that drove the stock price down. Louis Riley, we all remember him, was short ktel saying they were going out of business , then he went long made money, then went short again and bragged how he had spoke to his friend Joe on cnbc and they were going to break the story in 1 hour. Yet you say I am pumping the stock. Hmm. They said CHRYSLER and INTERNATIONAL HARVESTOR wouldn't make it either. Its great to be a American. floyd

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