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To: Glenn D. Rudolph who wrote (27537)	11/21/1998 1:02:00 PM
From: OtherChap	Respond to of 164684

>I understand that Ktel has come back a little on the rumor that >Morgan Stanley will get it the cash necessary to keep its Nasd >listing. People are holding onto such thin strings of hope these days. The only thing that needs to be said about "analysts" is that nearly all of them maintained a "buy" on Boston Chicken until the very day they declared bankruptcy, even though everyone saw it coming from a mile away. BTW- Barrons barely mentioned the internet stocks at all, looks like we'll get another 50 or 60 point rise in AMZN next week. If the retail investors have their way, this thing will be trading like berkshire hathoway before it splits next year.

To: Glenn D. Rudolph who wrote (27537)	11/21/1998 1:44:00 PM
From: H James Morris	Read Replies (1) \| Respond to of 164684

Glen,<What am I missing here?> Cnbc had the Ktel ceo on their show the other day and they were grilling him on him loosing his Nasd listing. He was very cool and said the problem would go way as soon, as they raise some more cash. He said that they would probably go to the junk bond market and you know who does that best. For a fee of course. Regards ps Boxed tightly over the weekend and will only take a little peak thru the split. I must be honest. I really don't look forward to doing this until 2003.

To: Glenn D. Rudolph who wrote (27537)	11/21/1998 3:40:00 PM
From: Axxel	Respond to of 164684

fyi Ktel Company News Search Company News Lookup K-Tel Falls for Second Day as Company Faces Nasdaq Delisting K-Tel Falls for Second Day as Company Faces Nasdaq Delisting Calabasas, California, Nov. 18 (Bloomberg) -- K-Tel International Inc. shares plunged for a second day after the music retailer was told that it fails to meet a key requirement for trading on Nasdaq's national market and faces delisting. Calabasas, California-based K-Tel, known for its late-night TV ads pitching the Veg-O-Matic and music titles such as ''Hooked on Classics,'' fell 2 to 10 in trading of 3.06 million. Earlier, shares touched 8 3/4, a 27 percent drop, after sliding 32 percent yesterday. K-Tel said yesterday that it received a warning letter from the Nasdaq last month saying that the company didn't meet its tangible net asset requirement. Nasdaq requires at least $4 million in net tangible assets, or assets excluding goodwill minus liabilities. K-Tel said its level is about $1 million. ''Nasdaq should be watching how this stock is trading. The only people who are going to get damaged is the public,'' said analyst Axxel Knutson, head of Axxel Institutional Services. ''There's an awful lot here that smells.'' K-Tel shares have been swinging wildly since the company entered the online retailing business in April. As of yesterday, K-Tel is down 65 percent from its record high of 33 15/16, reached four days after starting the Web site ktel.com. Analysts think K-Tel ran up on Internet speculation and its low net assets and possible delisting signals more fundamental problems. ''I don't want to be associated with this stock,'' Knutson said. He had a ''sell'' rating on K-Tel before he dropped coverage. K-Tel has a hearing scheduled before Nasdaq in January to try to get a temporary extension to the requirements and raise additional capital to meet them, said Lawrence Kieves, who was named president in October after President David Weiner left in September. © Copyright 1998, Bloomberg L.P. All Rights Reserved.