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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 (1780)	5/6/1998 8:13:00 PM
From: MR. PANAMA (I am a PLAYER)	Respond to of 3203

Louis...KTELs price is a strong currency...

To: Louis Riley who wrote (1780)	5/6/1998 9:28:00 PM
From: Winter	Respond to of 3203

>> As for the endless comparative valuation argument - I still say a company that has been in in the direct-response marketing business for 25 years is likely to be a serious competitor to a company started in a guy's garage four years ago - and should be valued accordingly.<< Please, Apple computer was started in a garage, whats your point? Four years ago in cyberspace is a damn long time, saying that Ktel can make that up quickly even when then apparently don't have the funds to do it is ridiculous. The only thing that matters is how long each has been on the net. Lets see, Ktel one week vs the competition four years. Hmmmm. You've hyped this stock beyond belief, created enough hysteria to get the price move you wanted - that doesn't make you right, it just means you know how to create a trading opportunity out of thin air. Time to come clean and admit this dog has fleas. Ktel is a shell, it will take several quarters to prove it but its hard to believe anybody really thinks they will suddenly become a dominant internet music retailer given these facts. Then again, people still bought Bre-X after the geologist "fell" out of the helicopter! <Giggle>

To: Louis Riley who wrote (1780)	5/6/1998 9:36:00 PM
From: Katherine Derbyshire	Respond to of 3203

>>Well, I agree with some of it - especially that K-tel's president seems to have flip-flopped on his earlier statements that led us to believe the company had sufficient resources to implement their plan.<< Didn't you read their SEC filings? Does your analysis always take statements by executives at face value? >>As for the endless comparative valuation argument - I still say a company that has been in in the direct-response marketing business for 25 years is likely to be a serious competitor to a company started in a guy's garage four years ago - and should be valued accordingly.<< I dunno. I sure wish I'd bought Microsoft 4 years after they went public. Or would you have bet on IBM in the PC operating system race? Katherine

To: Louis Riley who wrote (1780)	5/6/1998 10:06:00 PM
From: Thomas G. Busillo	Respond to of 3203

Louis, as far as what you are calling a "flip-flop", what exactly are you seeing coming out of the CEO that appears so radically different? The idea that whether a company has the financial wherwithal to execute its strategy is always a risk. That's part of what guys like you, analysts, do - risk assessment. The data analysts use to make this independent and objective risk assessment should not be primarily based on statements by company management. And for a total non sequiter... ...consider how they're not only jumping into a new distrib. channel, they're in many ways changing themselves from a niche-market music marketer into more of a broad-line music retailer on par w/ Tower, HMV, etc. only without the bricks and morter. Oh man, South Park's on!

To: Louis Riley who wrote (1780)	5/6/1998 11:55:00 PM
From: Jeff D	Read Replies (1) \| Respond to of 3203

As an aside, here's one you might think about putting some profits into - NTBK (NetBank) They've just achieved profitability. biz.yahoo.com Congrats to all of you that did well here! JD

To: Louis Riley who wrote (1780)	7/28/1998 12:20:00 AM
From: Thomas G. Busillo	Read Replies (2) \| Respond to of 3203

Louis, as usual, the latest emanation from Planet Lou left me torn between vomiting in disgust and laughing so hard one of my neighbors had to knock on the door and see if I was okay. Our 'Strong Buy' recommendation of K-tel's shares at $10 9/16 (split adjusted) on April 17 was one of the best calls on Wall Street in the first half of 1998... Oh man. That's a killer! And the reason you would qualify for being "on Wall Street" would be? Again, that's just too funny. K-tel's shares subsequently rose over 273% in 13 trading sessions as the tremendous short squeeze we predicted did indeed occur Gee, Lou, funny you didn't mention the fact that you showed up here on this thread and touted the hell out of the thing and then made your last post on May 6, 1998. What other analyst "on Wall Street" is nice enough to give, by name, that kind of "follow-through coverage" through post after post here on SI? And I'm going to hazard a guess that I'm probably not the only one out here who's noticed that you, the "predictor" of the short squeeze, was here on SI touting the stock until May 6, 1998 and then after you stop posting (last post 5/6/98), it just happened to go from the mid 30's to 10. Gee, Lou do you think there was a little correlation in your "prediction" there that you may have left out? I'd like to edit you're copy, if I may. IMHO it would have been better to say: "The 'Strong Buy' recommendation of K-tel's shares at $10 9/16 (split adjusted) on April 17 and subsequent touting on stock chat boards was one of the best cases of shameless stock-hyping and huckstering on Wall Street in the first half of 1998. Although the stock is currently under-water from where we recommended it, it would be hard to believe that we (and you, dear followers) didn't get out exactly at the top, since after all A) we are so very brilliant and B) you can read our minds (if you can't read our minds, that's really your problem isn't it)..." Good night, Tom