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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: Mr Metals who wrote (602)4/21/1998 4:50:00 PM
From: Altaf Amin Jadavji  Read Replies (2) | Respond to of 3203
 
CDDfn has blurb on KTEL

cnnfn.com

What a party--too bad I left early!

Regards,



To: Mr Metals who wrote (602)4/21/1998 4:55:00 PM
From: LoLoLoLita  Respond to of 3203
 
i agree. it makes me laugh out loud, over and over again.
But not when i have open short positions!

it keeps going and going and going.



To: Mr Metals who wrote (602)4/21/1998 5:10:00 PM
From: McNabb Brothers  Read Replies (2) | Respond to of 3203
 
Mr. Metals,

I have to agree with you that KTEL is way over valued, but in this market that is not how the game is being played! Take IBM today, reported earnings down from previous quarter and they go up big time especially for a big cap stock! Sure they beat revised estimates, but it is trading higher now than it did before they warned! Does not make sense and either does stocks like KTEL!

If KTEL is so over valued then why not short CDNW and NTKI which are selling at 20 times the value of KTEL? Just interested in your opinion! Let me assure you KTEL is not the usual way I buy stocks and it will not be a long term holding either! Take a look at my profile and you will see my conservative long term holdings!

One other thing which does not make a lot of difference the next day, but in after hour trading KTEL is trading up rather strong!

jdai.com

Hank



To: Mr Metals who wrote (602)4/21/1998 6:13:00 PM
From: doormouse  Read Replies (1) | Respond to of 3203
 
250,000 Titles?

250,000 titles of what?

Are these titles from major record companies --- CBS/Sony, Warner Bros, Atlantic, Capitol, Virgin, et. al.?

KTEL is a distributor of contemporary records?? Really? Repackaging old copyrights is one game --- competing in general record distribution another.

Does anyone have a clue what these "250,000 titles" are?

Could they all be old Nugent outtakes? :))