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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: Paul A who wrote (2341)	8/7/1998 10:53:00 PM
From: shag007	Respond to of 3203

btw in case you missed it, it did touch 13 1/8 today. IMO it could have another day like today on monday but not much higher from here. FDA <g> jorge :-)

To: Paul A who wrote (2341)	8/10/1998 4:16:00 AM
From: craig crawford	Read Replies (1) \| Respond to of 3203

>> Hey Craig! still hanging on the KTEL scene eh? << Keeping one eye on KTEL in case an opportunity presents itself. Haven't traded since last time I posted on this thread. (a month or two?) >> Would appreciate hearing your speculation for Monday since you have a good skill for shorting. << Crossed my mind on Friday, but I quickly forgot about it. My only intention from now on would be to play KTEL from the short side. It was only good for a trade on the long side when shorts piled on and certain entities (who shall remain nameless) participated in a good old fashioned stock promotion scheme. (The market was in the right mood at the time as well. The mood has changed now). The romance story is over for KTEL. Short covering rallies like these are good shorting opportunities. If I recall from memory, KTEL seemed to have pretty stiff resistance at 13-14, so that would be a good place to start building back a position. By the time I noticed it on Friday it had already climbed above 13 and was on it's way back down to the 11's. Good luck...