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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Podsiadlik who wrote (90847)	2/8/2005 1:45:49 PM
From: StockDung	Respond to of 122087

"Key West Securities, a market maker, issued a bearish take on K-tel a few days into the rise. "When the hysteria dies down and the volume dries up, the stock should settle to a more appropriate range between $5 and $7," the firm's chief analyst Anthony Elgindy noted. "This could happen very quickly based on earnings and book value."" "The next day, after apparently taking into consideration how ill-placed that last remark was in light of the market valuations of the profitless CD-Now and N2K, Elgindy retraced his steps and retracted his words. K-Tel was now the "best value" among its competitors, and, despite the sector being overbought, Key West issued a "buy" rating with a $30-$50 price target. I did mention Key West was a market maker, right?" 64.233.161.104