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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end?
KTEL 0.301+9.4%Nov 10 9:53 AM EST

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To: Winter who wrote (2975)12/2/1998 12:30:00 PM
From: zax  Read Replies (3) of 3203
 
As for the early comments from flodyie about KTEL eventually getting into other areas of net commerce besides cd's - all I can say is: can I get some of whatever it is that you're smoking?

KTEL is selling videos at present from their web site. Comments like yours here were commonly said about Amazon.com when it was only selling books and was trading at less than a fifth of its present valuation. In fact, I can remember when people said K-tel only had a few private catalog CDs to sell... before they surprised everyone with their incredible Billboard marketing deal.

Note also that the exclusivity agreements that Amazon.com has signed are in general as the "bookseller" on a particular site, which does not preclude KTEL from negotiating record sales agreements with many volume sites that Amazon shareholders naively consider to be "locked up".

Lastly, if you check out ktel.com today you will notice that K-tel has gone live with its Playboy Christmas collection ( ktel.com )

This company never ceases me with their innovative means of marketing and making the K-tel stock pundits look foolish.

Coming from someone who stated in May that it was crazy to believe the K-tel stock might have a run-up on positive news (which we all now know it sure did), your track record on predicting this stock isn't looking so good. Are you taking lessons from Wrong Way OtherChap on the Amazon.com thread? We need a good contrarian indicator on this thread, too, to help us longs know when to increase our positions. :)

Good luck with yours.

-- Eric
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