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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: Tom Hua who wrote (2513)11/10/1998 11:55:00 PM
From: michael liu  Read Replies (4) | Respond to of 3203
 
Tom: Close your short position. I am promoting
KTEL with real materials. But, I can see that you
are panic. Am I right? :) KTEL has maximum of 10 mil
shares floating (I say maximum). Few wealthy
investors can easily control these shares. Don't
even mention those big institutions also want a
piece. It is hard to buy back shares at low price
under this situation. I expect share split will
happen soon which can put big guys in play. Now,
the floating is too tiny. Analysts may promote
it because of Microsoft deal, but I doubt they will
seriously play this stock.

Michael