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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: michael liu who wrote (2518)11/11/1998 12:09:00 AM
From: Tom Hua  Respond to of 3203
 
Michael, I was lucky enough to borrow a few thousand shares today, no way I'm letting go of them prematurely. This comes as close as free money. What I'll do, however, is to box my position when and if it begins to move up again. Then join the game of musical chair, unbox my position at my leisure knowing that I'm guaranteed a chair, no matter what. Sure will be fun though.

Regards,

Tom



To: michael liu who wrote (2518)11/11/1998 12:16:00 AM
From: Brentsky  Respond to of 3203
 
Michael,

didn't you make enough money today with this shameless hyping. Yes, with a small float, many wealthy investors or, (imagine this) hypsters who claim the stock is really worth something (when it is ordinary at best), can drive the stock up.

I only hope that some of the hyping is illegal and being watched by the SEC. Daytrading does not need this kind of crap! Maybe you can fool newbies and others, but please don't try to pretend the stock is worth something. It is an ordinary company driven by huge amounts of hype! (probably some from the inside)

Yes, you and your hypsters can drive the stock up, but it is still worthless and will eventually fall into oblivion!

Brentsky



To: michael liu who wrote (2518)11/11/1998 12:16:00 AM
From: Tom Hua  Respond to of 3203
 
<<Few wealthy investors can easily control these shares.>>

Michael, I guess Kives, the Chairman/CEO, is not one of them huh? because he sold 2.2 million shares back in May and June. The former president sold 400,000 shares and so on. Show me one "weathy" investor who wants to own KTEL shares at this level and I'll cover my short position with no reservation. Face it, it's just a game as far as this stock goes.

Regards,

Tom



To: michael liu who wrote (2518)11/11/1998 7:05:00 AM
From: craig crawford  Respond to of 3203
 
>> Don't even mention those big institutions also want a piece <<

Ha! Institutional sponsorship for KTEL??? Keep on hyping Mr. Liu. Were were the institutions a few months ago when KTEL needed a loan?

Nowhere.

Where are they now? ======> Nowhere.

>> I expect share split will happen soon which can put big guys in play <<

You mean a reverse split, right?

>> Analysts may promote it because of Microsoft deal, but I doubt they will seriously play this stock <<

Yeah, "analysts". Like our dearly beloved Louis Riley. Some analyst.

CRAP, CRAP, CRAP...