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Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end? -- Ignore unavailable to you. Want to Upgrade?


To: Louis Riley who wrote (41)4/15/1998 11:58:00 PM
From: Louis Riley  Read Replies (2) | Respond to of 3203
 
I just wanted to address a couple of comments made tonight.

First of all, no way is this stock overvalued. In fact, compared to its music etail competitors, it is significantly undervalued. See this post for a comparison to its peers:

Message 4066342

Second, who cares what the officers look like? This is not a beauty pageant. If you want pretty boys go invest in THDO with Trip Hawkins.

Third, I don't know if that huge seller on Instinet was real or juice, but if Chairman and CEO Kives has decided to lighten up on a little of his >3MM shares (~72% of the shares outstanding), who can blame him? He is 68 years old.

Lastly, everyone is obviously salivating over today's textbook technical action, which is clearly a one-day reversal. Well, YHOO put in a similar pattern on 3/10. Look how well that worked.