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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: McNabb Brothers who wrote (1294)	5/1/1998 10:59:00 AM
From: White Shoes	Read Replies (1) \| Respond to of 3203

Hank, congratulations, and I do hope you get out of here with a good profit. I'll wait til the dust settles before I even think of going short but the chart looks so much like other successful short charts it will be hard to resist. Now there will be squeeze action but this is in no way no shape no form like a YHOO. It does, however, unlike some other horrid companies, have a P/E. This could go as high as 100 simply because earnings probably WILL increase although marketing expenses will as well so watch the accounting... Long and short of it, $60-80 is possible but of course this won't be sustained. Maybe you'll make money in both directions???? When will you get out of your long position?