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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: Deliveryman who wrote (150)4/16/1998 6:54:00 PM
From: craig crawford  Respond to of 3203
 
<< But don't compare KTEL to YHOO, SEEK, or even AMZN. At least until they get a site up and 2 million hits a day... >>

You have a very valid point but I think longs are arguing that KTEL has a market cap 1/30th AMZN, 1/17th of SEEK, and 1/80th of YHOO. Perhaps deservedly so. We'll have to see. It looks like KTEL has enough resources to launch a website, and it has a solid distribution channel.

Anybody can put up a website. You have to have the distribution channel and capital outlays to support it. I think KTEL has both. We'll have to see if management is capable enough to compete.