Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Devil's Advocate who wrote (157)	4/17/1998 8:58:00 AM
From: Pullin-GS	Read Replies (1) \| Respond to of 3203

Already covered my short....but.... The major leagers are at bat now (one of the hall-of-famers IMO...KEYZ): Business Wire - April 16, 1998 16:09 %KEY-WEST-SECURITIES KTEL %TEXAS V%BW P%BW HURST, Texas--(BUSINESS WIRE)--April 16, 1998--Anthony Elgindy, Chief Analyst of Key West, stated today, "Although KTEL has announced plans to offer their products via the Internet, this hardly supports an increase of 300% in market capitalization. When the hysteria dies down and the volume dries up, the stock should settle to a more appropriate range between $5 and $7. This could happen very quickly based on earning and book value." Perhaps its time to find a re-exit (short)? <G> Shares will be hard to come by...will wait for the 1st bounce up (at the earliest). KTEL offer 20 even premarket....down 1 1/2. Ah ohhhh......KTEL just got a long/short term UPGRADE! KTEL printing as high as 23 now....so much for that short on first gap!<G> Regards....