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To: MskiHntr who wrote (9899)	11/17/1998 1:03:00 PM
From: Dixie7777	Read Replies (2) \| Respond to of 44908

K-Tel International, Inc. Ticker: KTEL Complete Financials: June 1998 Exchange NASD Earnings Announcement: September 1998* FY END JUN ISSUE DATA (11/13/98) PER SHARE DATA RATIOS Price $ 19.75 EPS (TTM) $ -0.82* P/E (TTM) NM* 52W High $ 39.47 Div. Rate $ 0.00 Yield 0.00 % 52W Low $ 3.19 Book Value $ 0.45 Price/Book 43.52 Shrs Out 8.32 Mil Cash $ 0.71 ROE (TTM) -130.69% Float 1.90 Mil Rev (TTM) $ 10.02 ROA (TTM) -18.96% Mon. Vol 31.90 Mil Curr. Ratio 1.04 Beta 0.52 LT Dbt/Eqty 1.11 BRIEF: KTEL markets and distributes consumer entertainment and convenience products through retail stores and by direct response marketing. KTEL products include albums, compact discs, cassettes, housewares, automotive accessories & other devices. For the FY ended 6/98, sales rose 13% to $85.6M. Net loss totalled $2.4M vs. income of $3.2M. Results reflect higher sales from the Co's U.S. media buying and infomercial subsidiary, offset by higher advertising costs. PRELIMINARY: For the 3 months ended 09/30/98, revenues were 18,792; after tax earnings were -3,077. K-Tel International, Inc. QUARTERLY SUMMARY HISTORICAL QUARTERLY RESULTS(Thousands of U.S. Dollars) REVENUE 1996 1997 1998 1999 1st Qtr SEP 16,624 15,622 25,135 18,792* 2nd Qtr DEC 18,792 17,131 23,215 3rd Qtr MAR 18,422 18,477 16,427 4th Qtr JUN 18,149 24,271 20,849 EPS (U.S. Dollars per share) 1st Qtr SEP 0.040 0.110 0.154 -0.370* 2nd Qtr DEC -0.010 0.225 0.055 3rd Qtr MAR 0.060 0.065 -0.120 4th Qtr JUN -0.190 0.010 -0.400 5/98, 2-for-1 stock split. FY'97 EPS does not equal due to fluctuating shares. DIVIDENDS EMPLOYEES Last Dividend Decl. $ NA # Employees 189 Last Div Ex-Date NA Sales/Employee (TTM) 419,487 Last Div Pay Date NA Net. Income/Empl.(TTM) NM K-Tel International, Inc. EQUITY, OFFICERS & ADDRESS P Common Stock $.01 Par, 6/98, 15M auth., 8,316,668 issd. Insiders own approx. 77% (of which Philip Kives owns 72%). Stock Issued 10/85 per court approved Plan of Arrangement under Chapter XI bankruptcy proceedings. Basis: 5 shares Common (new) for every 100 shares (old). (As of 6/98) ST debt: $1M @ Prime; LT debt: $7.9M @ variable rate. OFFICERS: Philip Kives, Chmn./CEO, Lawrence Kieves, Pres., Corey Fischer, VP-Fin./CFO/CAO/Treas., Jeffrey Koblick, Exec. VP. TRANSFER AGENT: American Stock Transfer & Trust Company. Company incorporated 1968 in MN. Direct inquiries to: Director of Investor Relations. ADDRESS & PHONE NUMBERS K-Tel International, Inc. 2605 Fernbrook Lane North Minneapolis, MN 55447 PHONE: (612) 559-6888 FAX: (612) 559-6815

To: MskiHntr who wrote (9899)	11/17/1998 1:16:00 PM
From: slaffe	Respond to of 44908

<<K-tel: Nasdaq Says Co. Fails To Meet Listing Requirements from Nasdaq about the delisting risk about "three weeks ago." The company released the information in a filing with the Securities and Exchange Commission that was made public Tuesday. Kieves said K-Tel did not issue a press release at the time the company found out about the possibility of delisting because it did not consider it to be "material" to shareholders. >> NOT MATERIAL TO SHAREHOLDERS!!! Give me a break, I thought sec requirements was the things material to shareholders was repuired to be pr'ed within 48 hours. If this isn't material to shareholders then WHAT IS!! Just thinking out loud here. If this is a possible sec violation, ktel out of money, would not that make ktel a obvious short play? It would seem so, but I would not, ktel is way to volatile for me and in this crazy market ktel is liable to go up twenty points on this news. Maybe we will get lucky and have a pr showing our finances, that should be good for a double at least. slaffe