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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 (605)	4/21/1998 4:56:00 PM
From: LoLoLoLita	Read Replies (1) \| Respond to of 3203

insanity is contagious. ask any psychiatrist.

To: Mr Metals who wrote (605)	4/22/1998 12:58:00 AM
From: Breeze1	Read Replies (2) \| Respond to of 3203

MR Metals is scary. He only prints half of the story. Here is the rest. But please give us a break Mr Metals and get a life. Your little notes back and forth to try and prop up your "short" sighted approach to the "New Paradigm" is getting old. K-Tel goes platinum Legendary music vendor beating ear drums on Wall Street April 21, 1998: 7:01 p.m. ET Techs shine, blue chips lag - April 20, 1998 Yahoo Has Strong Effect On Other Internet Stocks - April 4, 1998 B&N, AOL to bind online - Jan. 28, 1998 K-Tel International More related sites... NEW YORK (CNNfn) - The hits just keep on coming at K-Tel International Inc. since the '70s icon of music retailing said early last week it would sell CD's and tapes on the Web. Shares of K-Tel (KTEL) have soared more than 530 percent since that announcement, and at Tuesday's close they were up again by 2-1/4 to 43-7/8. The Minneapolis-based company, perhaps best known for peddling those catchy "best of" compilation albums, cassettes and -- ahem -- 8-track tapes, is now drawing the attention of Wall Street. K-Tel couldn't have picked a better time to get on track with the '90s by going webby. The stocks of web search engine companies -- such as Yahoo, Lycos, Excite and Infoseek -- have soared this year, and investors are hungry for more. "Given what these stocks have done, the people who are left behind start looking for other opportunities," said Henry Blodget, who doesn't follow K-Tel stock but is an Internet commerce analyst at CIBC Oppenheimer. "If you are money manager and don't have Internet shares in your portfolio, you're going to want some exposure to this," said Blodget, "because the growth is real and the potential is enormous." In a move that will boost the supply of K-Tel shares a bit, K-Tel late Tuesday said its board of directors approved a two-for-one stock split, payable on or about May 8 in the form of a stock dividend to shareholders of record May 1. Monday, more than three times the number of outstanding K-Tel shares changed hands. The split will increase shares outstanding to about 7.8 million. But the bubble in Internet stocks could burst.