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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 (1505)5/4/1998 10:40:00 AM
From: uniden  Respond to of 3203
 
KTEL has been great - but u all must look at NRMI - this is the next KTEL i think - they are about to announce there internet strategy and i heard they will partner with one of the big search engines. This could be huge.



To: Louis Riley who wrote (1505)5/4/1998 10:55:00 AM
From: Deliveryman  Read Replies (3) | Respond to of 3203
 
You never respond to any of my posts to you.... SO I don't know why I respond to yours, but:

".The Company markets and sells pre-recorded music both from the Company's owned music master catalog" Part of YOUR homework would be to ask for a list of the company owned music...
nuff said.



To: Louis Riley who wrote (1505)5/4/1998 11:14:00 AM
From: Thomas G. Busillo  Read Replies (1) | Respond to of 3203
 
Louis, did your independent due diligence include ascertaining the period of time covered by these licenses? Once again, since you have represented yourself to the investing public as an analyst covering this company, I can only assume you have; however, I did not see this issue covered in your press releases and am offering you the opportunity to share your thoughts. For example, is every license given in perpetuity, or are some subject to time limitations and/or potential renegotiations which could possibly raise costs in the future?

The above is a fair question.
And sir, let me point this out, you do have the option of answering it.

The members of SI have every right in the world to engage in this type of discussion.
That's what IMHO SI is for - discussion, not promotion.

I'm glad you know how access the company's SEC filings.
I have questions about certain items in them as well.
I have a lot of questions about a lot of things and there's no better person to ask them about than you - an analyst issuing ratings on the stock.

Good discussing,

Tom



To: Louis Riley who wrote (1505)5/4/1998 1:05:00 PM
From: justpassinthru  Read Replies (2) | Respond to of 3203
 
mr. reilly,
yes, that's what it says, but you're evading the real question: since ktel's current runup was predicated on their potential on the net, isn't it extremely misleading to be talking about "3500 top 100 hits" when the very albums these hits are on ARE NOT AVAILABLE FOR PURCHASE ON THE KTEL WEBSITE. we all know that ktel has put out all these compilations (with all these hits) in the past--and the stock was priced accordingly at $6.
also, the only recordings that ktel owns (with perhaps a handful of exceptions) are re-recordings--i.e., you get a down-and-out recording artist to come in and re-record his/her/their old hits (for no doubt a very small flat fee), and, voila, you own a recording that, factually, is a "hit song" performed by the "original artist." the consumer who doesn't know better ends up with a pale imitation of the recording he or she desired. (as a record collector, i would never, ever want any of these re-recordings in my house.)
in checking the website, it's clear that, while ktel is careful enough not to sell those compilations--featuring those "3500 top 100 hits|"--for which they don't have the proper licenses to sell on the internet, it's also clear that ktel is brazen enough to be selling their own albums of re-recordings right alongside the original versions WITH NO INFORMATION AT ALL THAT THESE ARE RE-RECORDINGS AND NOT THE ORIGINAL VERSIONS.
bottom line: ktel is not only misleading the investor community, but is also misleading the consumer community. You might destroy the shorts now, but the consumer will be the one with the ultimate vote.