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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: Tony Dang who wrote (1758)	5/6/1998 9:07:00 PM
From: Katherine Derbyshire	Read Replies (2) \| Respond to of 3203

>> Are you particularly upset with LR because he has been especially persuasive and, more importantly, right? If KTEL stayed stuck at $15 per share even after his press releases, would you feel the same way towards him as you do now?<< No, I'm particularly upset because he passes his half-baked opinions off as serious analysis and charges people $1K/year for them. Sure, he was right about the run up, and the day traders among us probably made a nice pile of change. But would you advise your elderly Aunt Nancy to hang on until KTEL actually gets to $100? To put in more money now that it's more than halfway there? I didn't think so. If it had stayed at 15, it wouldn't have made headlines, and I probably wouldn't even have noticed. But the analysis would still be half-baked. (As an aside, in a stock with only 3 million shares outstanding and less than 1 million share float (pre-split), it's pretty easy for a prophecy like Riley's to be self-fulfilling, even without illegal manipulation. That's what I meant by my earlier comment about loaded dice.) Katherine