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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: Gary Ku who wrote (2499)11/11/1998 6:49:00 AM
From: craig crawford  Read Replies (2) | Respond to of 3203
 
>> But after it gained a link with MSFT, its revenue grows
over 100% a year and its stock price shot up from around $10 to over $100 in less than a year. <<

Too little too late for KTEL. AMZN has taken the category. Any scraps left over will go to N2K/CDNW. The Microsoft announcement today was bad news for KTEL, not good news. Just means this joke of a company is bleeding more cash by paying Microsoft.

KTEL has no respectable financing options, and is a total ponzi scheme hoisted on the backs of speculators.

WORTHLESS PIECE OF GARBAGE COMPANY.