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Strategies & Market Trends : KTEL-NEWS ONLY!!!

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To: Van Vo who wrote ()12/3/1998 2:40:00 AM
From: Van Vo   of 40
 
K-tel soars in pre-open on Microsoft news

Tuesday November 10, 9:40 am Eastern Time

NEW YORK, Nov 10 (Reuters) - Shares in K-tel International Inc. surged more
than 80 percent on Tuesday after the entertainment marketer said Microsoft
Corp. (MSFT - news) would put K-tel's online service on the online Microsoft
Network.

K-tel was up 9-8/16 to 21-1/16 on Nasdag. Earlier it was at 19 on the Instinet electronic trading system from
a Monday close of 11-9/16.

K-tel said it had signed an agreement with Microsoft to include K-tel Express, K-tel's online music and home
video service, on The Microsoft Network's Shopping Channel, MSN Shopping.

biz.yahoo.com
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