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 (3120)	2/5/1999 3:23:00 PM
From: jack velte	Read Replies (1) of 3203

Not On the Wires CNET is reporting that California-based bank Wells Fargo wellsfargo.com has struck a deal to with online music site KTEL to provide music cds/products on Wells Fargo's first foray into e-tailing, beginning with a gift site featuring a Valentine's Day theme. Other retailers chosen include Flowers USA, See's Candies and Greeting-cards.com. In fact the site is already up wellsfargo.com KTEL's IR confirms 2;48pm "The San Francisco, California-based bank said it is offering a Valentine's Day gift shopping area on its banking Web site for buying candy, roses, or a CD, or for sending a card.The launch shows that banks, not just media companies and search engines, are behaving as so-called Web portals to lure customers--and make money. WellsFargo has struck deals with Flowers USA, See's Candies, Greeting-cards.com, and K-Tel for its e-commerce offerings" .More online features are expected later. "As we continue to grow our online offerings, customers will be able to take advantage of a variety of new services from shopping to electronic bill delivery," said Sharon Osberg, executive vice president of Online Financial Services at Wells Fargo in a statement." KTEL trading 11s news.com

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