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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: White Shoes who wrote (1307)5/1/1998 11:13:00 AM
From: McNabb Brothers  Read Replies (1) | Respond to of 3203
 
I will raise my sell stop as it goes up and right now it is $36! After today will raise it again unless I'm stopped out today! Take a look at the former DNA or OCCF, both went sky high and so can KTEL! I have never said that KTEL was a good long term investment, but I'm not going to fight a trend and the trend now is up! I will go short, but at this time I'm not sure where that will be! In the market we are in fundamentals do not have a lot of anything to do with what stocks are selling for, but will say this for KTEL, they do have sales and they do have income and someone is buying their products!

Making new highs as we speak!

Hank