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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: saber hormi who wrote (379)4/20/1998 5:31:00 PM
From: Mr Metals  Read Replies (1) | Respond to of 3203
 
But KETL at 44 is a screeming short.

It sure is but it still can go higher. Pick your price and place your bet.

Mr Metals



To: saber hormi who wrote (379)4/20/1998 5:35:00 PM
From: craig crawford  Read Replies (1) | Respond to of 3203
 
<< It took LCOS,and YHOO two years to reach the 1 Billion market Cap.
It took one afternoon for KETL to reach that target. >>

KTEL is nowhere near $1 billion in market cap. It's closer to $150 million.



To: saber hormi who wrote (379)4/20/1998 6:19:00 PM
From: Nathan Shulman  Read Replies (1) | Respond to of 3203
 
>>It took LCOS,and YHOO two years to reach the 1 Billion market Cap.
It took one afternoon for KETL [sic] to reach that target.<<

Not sure what you're talking about, ktel has only hit about $160 million mkt cap. When I saw $77 million mkt cap, I was all over that stock.



To: saber hormi who wrote (379)4/20/1998 8:37:00 PM
From: DarrenS  Respond to of 3203
 
Point of fact. Ktel ' s market cap. is just over 160mil.
This is still almost 4 times less than CDnow 's market cap.
Plus Ktel's revenues where over 5 times as good as CDnow.

That means Ktel is still 20 times cheaper than CDnow.

Good luck to you shorts, but new people coming into the
market may still buy all the ktel they can get their hands
on, given that Ktel is worth 20 times less than CDnow.

One thing is for sure, there will be much volatility.

Good Luck! Darren