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 0.301

+9.4%

9:53 AM EST

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To: re3 who wrote (3028)	12/9/1998 12:52:00 PM
From: zax	Read Replies (1) of 3203

Eric I appreciate your enthusiasm here, but you manage to avoid talking about the Nasdaq requirement. I have stated that I believe K-tel management will surprise all and cut creative deals and co-marketing agreements with other volume sites creating more investor value in the stock. I also think it no big deal for the management of a company valued at over $100M to raise a shortfall to $4M in assets. The suits have no merit, and the lawyers are just setting up shorts for a rather nasty lesson on pessimism, IMHO. It is rather obvious the shortfall was both short term and not of significant size, as K-tel management felt it immaterial to post to newswires. In a hot stock sector, with a hot stock the reward ratio is exceedingly high, for those willing to risk. I'm hoping for a triple or more, within the next three months. I also believe there are suitors lined up to help out K-tel, in a mutually beneficial manner. I see strong competition to Amazon.com and CD-NOW in the CD business, in K-tel coming soon. 2) is there a website that tracks short positions ? Yes, there are many. The maximum days till cover is a prime indicator on the peak of squeezes. Good luck Max! Remember, be visionary. Regards, -- Eric

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