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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: zax who wrote (2851)	11/26/1998 6:37:00 PM
From: Brentsky	Respond to of 3203

Zax, you guys are unbelievable! KTEL being slammed because Keith Benjamin and Amanzon.com are worried about KTEL. Are you really serious? Please don't insult our intelligence. Amazon.com probably sells more CDs in a week than KTEL sells in a year! Why would they be remotely worried about a little piss-ant company like KTEL? The reason Mr. Benjamin said KTEL's value is worthless is because it is. Let's see: 1) no profits for a few quarters now 2) uncompetitive prices 3) more CD competition on internet everyday 4) not enough assets to remain listed on NASDAQ 5) more than a dozen law suits claiming fraud and stock manipulation. Oh yeah! This stock is going places but I'm afraid it isn't up. Brent BTW, why would any bank or investment firm risk an investment in KTEL with this many lawsuits hanging over their head?, more than a little risky given some of the largest and most successful class action (stock fraud) law firms are in on the deal.