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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: StaggerLee who wrote (108)	4/15/1998 10:24:00 PM
From: J Moberly	Read Replies (2) \| Respond to of 3203

That is exactly right. 30 by tommorrow, and 45 by friday. I place and order to sell 1/2 of my fidelity magellan fund in my ira rollover and am going to buy 2000 shares on the open.

To: StaggerLee who wrote (108)	4/15/1998 10:39:00 PM
From: kimberley	Respond to of 3203

SL, <<That's a little harsh, and wrong from a technical standpoint. A 1/3 retracement after a 200% rise is pretty normal and to be expected, as you know from being an expert trader. >> well, actually, you would'nt want to hold during that ?% retracement, especially when the 200% happened in 3 days. Better to lock in profits, and pick another re-entry if your intention is to stay long. Short I would'nt... simple reason, the float is too small, and it's the short de jour, which can set up a squeeze. painful experience along those lines!<g> To modify a quote I heard recently and loved... It's not about CD's (internet, lineage, etc.), it's about stock. best, kim