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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 (1620)5/5/1998 1:03:00 PM
From: Van Vo  Read Replies (1) | Respond to of 3203
 
Hello Louis:

It's been mentioned on Yahoo news that KTEL earning will be out
sometime this week, do you have the specific info (day/time) on
when it will be ?

Thanks in advance,
Van Vo



To: Louis Riley who wrote (1620)5/5/1998 1:57:00 PM
From: Van Vo  Read Replies (2) | Respond to of 3203
 
Louis:

Would you please "move" KTEL price down a little bit to somewhere
in the range $65 - $70, so that I can go long on this stock. $76
is still kinda too high for me. Thanks ;)

By reading you posts on this thread, I can see you're extremenly confident that KTEL will easily go up to $100 by this Friday
morning. And only people with the power to control/manipulate the
movement of this stock can have such high degree of confidence.

With a dominate 76.44% outstanding shares hold by insiders but
only 3.17% hold by instutitions; Anybody can easily tell that
an alliance of KTEL insiders - SITN - Datek could easily control
and *LEGALLY* manipulate the stock price movement.

just IMHO



To: Louis Riley who wrote (1620)5/5/1998 6:59:00 PM
From: Van Vo  Read Replies (2) | Respond to of 3203
 
Louis,

Are you aware of the Motley Fool talking about you in its news
this evening? Here is the paragraph:

The Evening News
May 05, 1998

"...If It goes up quickly, its value isn't real. If you don't
know a situation well, then you tend to be skeptical of a
explosive rise in the stock price. Take K-tel International
(Nasdaq:KTEL - news), for instance. I am guilty of being
skeptical of the value of this stock, especially when the only
analyst coverage out there capitalizes revenues that have nothing
to do with the Internet, compares that valuation to the
valuations of pure-play Internet companies, and then proclaims
it as undervalued
. K-tel might be a great company and could cash
in huge on the Internet, but just hanging a shingle up on the
Internet is not a guarantee of a darn thing. But K-tel's run
shouldn't mean that an a priori judgment should be made that
it's selling above intrinsic value. If one had perfect foresight
on its future cash flows, then one could make a highly informed
judgment on that.


I hope you have the guts to release a response to the news and
please don't just simply disappear from the SI.