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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 (465)4/21/1998 1:01:00 AM
From: jonj  Read Replies (1) | Respond to of 3203
 
Your correct, i wouldnt buy it either. whoever bought this thing after 20 intending to hold long will wake up in the poor house one day. I don't know that much about ktel, but i do know 70's records
seem like a fad and every fad i've ever seen goes away soon enough.
$41.00 with a 70plus p/e? In order to justify these numbers every
40-50 year old will have to have a prolonged midlife crisis at the same time reverting back to bell bottoms and joint smoking!!!!!
For the sake of those who bought late in the game, I hope my doors of perception are obscured in a cloud of purple haze.