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Strategies & Market Trends : Roger's 1998 Short Picks -- Ignore unavailable to you. Want to Upgrade?

To: xcr600 who wrote (15336)	11/11/1998 1:38:00 PM
From: Tom Hua	Read Replies (1) \| Respond to of 18691

<<I seriously doubt that there are ANY long players in KTEL right now. Strictly daytraders and momentum players. Everyone knows what a joke the company is. Just a matter of time before it reaches the teens and lower again.>> xcr600, even the CEO himself sold a large number of shares during the May hype and continued selling in June at $9. Total shares disposed: about 2.2 million. The former president got rid of 98% his shares in May and then left the company. I bet they're selling again. Ktel almost tapped out its credit facility and is now relying on funding by the CEO. Regards, Tom