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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: Peter Goss who wrote (243)4/18/1998 11:18:00 PM
From: Deliveryman  Read Replies (2) | Respond to of 3203
 
Gee wiz, all it takes is to announce that you are gonna sell stuff on the internet and you are an internet company.

Do you really believe that KTEL is the same as CDNW? For example other than say they are gonna have a website, has KTEL shown ANY web ability what so ever?

Internet multiple... please...

Do you really think CDNW would get a dime without an actual web site?
You are paying $20+ dollars and all they have said is they are gonna have a web site. What if its late? Incomplete? What if it crashes every day for the first week?

I am NOT shorting them because of valuation.... I am shorting them because they know nothing about the internet, and they are gonna learn the hard way.