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To: Scrapps who wrote (17590)11/2/1998 8:46:00 PM
From: joe  Respond to of 22053
 


Thanks Scrapps,

I'm at my day job, but I will read it later tonight. Looks
interesting, and I need to learn more of the nuts and
bolts of networking world and its future.

joe



To: Scrapps who wrote (17590)11/3/1998 10:39:00 AM
From: DMaA  Read Replies (1) | Respond to of 22053
 
K-Tel investors become erect at mention of a partnership with Playboy Enterprises but go limp when they discover it is a Disney deal instead.

09:16 ET K-Tel International (KTEL) 6 7/8: Former highflyer announces online music store partnership with Playboy Enterprises (PLA). KTEL shares indicated 18% higher in pre-market.

09:42 ET Early Movers: KTEL +3 (+45%), SANG +4 3/8, MSFT +1/2, CERN -3 3/4 (downgrade), DELL -1/8, PAIR -2 3/8 (downgrade), CIEN -2 (profit-taking, negative comments by Volpe Brown), YHOO +1, AMZN +1 --- Dow -6, Nasdaq -3.5, S&P +1, Russell 2000 -0.4, SOX -1.

10:02 ET K-Tel International (KTEL) 17 1/16 +10 3/16 (148%) --Update-- Issue continues to fly. Volume 3 mln shares; intra-morning range 8 1/8 to 17 1/4. (Press Release)

10:16 ET K-Tel International (KTEL) 13 7/16 +6 9/16 (+95%) --Update-- Much of stock's move from $10 to $17 7/8 can be attributed to Dow Jones headline reporting that K-Tel signed a deal with Disney rather than Playboy. However, headline has been corrected and stock has succumb to selling pressure.