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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: StockDung who wrote (2907)	11/29/1998 5:01:00 PM
From: zax	Respond to of 3203

I agree. I think we could be due for a major run in the KTEL stock at this time. Americans want to see viable competition to Amazon.com, which is absurdly overvalued. KTEL is an absolute steal at these prices by comparison. Furthermore, the Books-A-Million run (amongst other new internet commerce plays) of last week shows that the internet gold rush not over. Unless and until Amazon.com begins to drop, I will continue to add to my KTEL position on dips. You cannot convince me that Amazon.com has anything over KTEL, other than a less established track record. There is room at the top of e-commerce for another strong record retailer. Before the shorters get burned too badly, they should consider the relative valuation of KTEL (~100M) in comparison to Amazon.com (~10 B) and how KTEL is situated in establishing links to popular web sites in a manner quite similar to the deal cutting that was taking place with Amazon.com this time last year. KTEL management is very innovative when it comes to marketing and promotion. I wish both longs and shorts alike the best of luck. I wish you guys wouldn't resort to so much name calling on this thread, its very unbecoming. -- Zax

To: StockDung who wrote (2907)	11/29/1998 8:49:00 PM
From: Brentsky	Respond to of 3203

Floydie, if Kieves was gonna bail out KTEL why didn't he do it before NASDAQ warning? You still haven't answered that question. Is it because as CEO he knows the company is crap and is bailing out as fast as he can sell his stocks? After all, 3 out of 4 years losses, losses last quarter, uncompetitive prices, products no one wants. You say Russians will buy old disco records. Don't you watch the news, they ran out of money in Russia. And this internet hype is pure crap. The links on Playboy (which by the way, is posting losses) costs KTEL millions. They don't have enough money to sell crappy records on television let alone establish internet presence which by conservative estimates would cost millions. Oh well, have your little run up and manipulation Floyd, the fact is this company will soon be bankrupt!!!! Brent