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

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To: Van Vo who wrote ()12/3/1998 2:41:00 AM
From: Van Vo   of 40
 
Nov 10, 1998 (6:23 PM ET) - The Motley Fool Evening News

Didn't we just do this? While a deal with Microsoft (Nasdaq:MSFT - news) might not sound as sexy as a pact
with Playboy.com, it will bring a lot more pop to K-tel International (Nasdaq:KTEL - news) . The
entertainment and consumer products retailer and direct marketer rocketed up $11 3/8, or 98.4%, to $22
15/16 today after Bill Gates & Co. agreed to include the K-Tel Express home shopping service on the Microsoft
Network's shopping channel. Last Tuesday's news of K-tel's plans to sell music on Hugh Hefner's online site
pushed the company's stock up as much as 160% to $17 7/8 per share before settling at $10 1/4 per share on
Friday. One day's worth of Microsoft news has already produced similarly impressive gains. We already know
the kind of back-and-forth swings K-tel stock is capable of, so stay tuned.

fnews.yahoo.com
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