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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 (2959)	12/1/1998 5:34:00 PM
From: zax	Read Replies (1) \| Respond to of 3203

Flodyie, You don't have to stoop down to the level these guys are. Talk about the positives with respect to KTEL and its new internet sales efforts and historic marketing innovation history. Save the obnoxious rumor mongering and name calling for those short on the stock. It only reflects badly on them. Please don't join these guys in this. They are in this for a very short term gain, which I doubt they will see. Personally, I believe in the company enough that I have had my brokerage mail me the stock certificates. I would suggest you do the same... some brokerages marginalize the stocks which are held in non-margin accounts. Note that these guys seem to be bearish on all internet commerce plays and fail to mention little things like the fact that KTEL ran over 4% today and Amazon.com ran over 9% today. Yesterday's pullback (which was far smaller than Friday's incredible gains was obviously seen by many as a good buy in opportunity for KTEL for the stock continued its advance today. I'm thinking about increasing my position at this point. And just to lay to rest some malicious innuendo set forth by these guys, I am merely an independant investor, investing my own money. I have no affiliation with any brokerage, or company in which I trade stocks. There is one thing I do have, however.... which is an internal rate of return on every stock buy and sell that I have ever done to date exceeding 58%. These shorts can do all the name calling they want, the fact of the matter is I am quite happy with my understanding of this company's position in its sector and the dangers of investing in any internet startup. Frankly, I don't believe KTEL should need to show a profit for the next several quarters while it establishes increased sales, web presence and reach. Relative to its competitors KTEL is a good buy in my opinion with considerably more upside, especially in consideration of KTEL's history of producing innovative marketing efforts, its recent dealmaking to allow for increased traffic to its website, and its valuation relative to its competitors. I remain confident that the robust nature the stock has demonstrated, will be of great aid to KTEL management in helping them raise capital to dramatically improve their net tangible asset position and allow for continued sales growth and marketing efforts. Good luck to all. -- Zax