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 0.275

-17.7%

Nov 7 9:30 AM EST

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To: re3 who wrote (3113)	2/4/1999 9:28:00 AM
From: Bob Trocchi	Read Replies (1) of 3203

maxx99... You may well be correct. For sure, I surely do NOT have a batting average that is perfect. Saw this note this a.m. which IMO will not help the stock price in the short term. Again as always, time will tell who is correct on this one and all others. Good Luck. Bob T. >>While E*Trade has boosted its margin maintenance requirements well above the normal 35% level to 40% to 60% on several dozen stocks, it's actually made over a dozen stocks totally unmarginable. The number two online broker now requires investors to put up 100% cash to buy or keep issues like K-tel (Nasdaq:KTEL - news) , uBid (Nasdaq:UBID - news) , and Xoom.com (Nasdaq:XMCM - news) . Meanwhile, Waterhouse has its own slate of 100% margin maintenance stocks, and Fidelity reportedly has some 50 Internet stocks on a list requiring 80% equity.<< fnews.yahoo.com

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