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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: Louis Riley who wrote (1414)5/2/1998 11:53:00 AM
From: peter michaelson  Respond to of 3203
 
Mr. Riley:

Have you put together earnings and revenue projections for, say, the next five years, so that one can utilize a discounted present valuation to arrive at a fair market value for K-Tel?

Have you an earnings forecast for next year?

Any help would be appreciated.

Peter



To: Louis Riley who wrote (1414)5/2/1998 12:19:00 PM
From: Thomas G. Busillo  Read Replies (1) | Respond to of 3203
 
Louis, I wouldn't touch this stock in either direction with your money, let alone my own <g>

And you hit it right on the head when you wrote:
MMs are not investors - they simply want to scalp order flow

They're not going to get mine. They haven't. They won't.

Why should I as an investor encourage this type of activity by giving them my order flow?

anybody on Wall Street has the right to research a company and issue an opinion that is based on same

As I understand it, you're a guy w/ a web site/newsletter. Am I to interpret that as an assertion that you consider yourself to be "on Wall Street"?

For the sake of argument, I will assume your statement is true. However, isn't it true that there's a little more to it than that?

Good "trading",

Tom