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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: RealMuLan who wrote (1212)	4/30/1998 10:33:00 AM
From: purecntry5	Read Replies (1) \| Respond to of 3203

I particularly liked the part about "nervous, strange, gutteral and choked throat clearing noises"! thanks for the laugh! KTEL is a good short IMO, but thats becuase I think the whole market is headed into the toilet later today and tomorrow. Good Luck €á

To: RealMuLan who wrote (1212)	4/30/1998 10:45:00 AM
From: Rubber Man	Read Replies (2) \| Respond to of 3203

Let me try to speculate about Datek: Suppose someone opens a $40M cash account with Datek (not that they would want to) and buys up most, if not all, of the shares in the float. Hypothetically Datek wouldn't have any shares to short. But I'll bet with 90% certainty that they will continue to allow shorting to occur. One thing I've noticed is that their system normally works with set rules- if it's over $5, it's marginable. Most likely, exceptions are manually keyed in at the beginning of the day. Take any recent IPO's- they're usually not marginable the first day, but after at most a week, it's marginable (but not shortable). My point? Datek is on very thin ice and it'll come back to haunt them.