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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 (2966)12/2/1998 7:50:00 AM
From: Brentsky  Read Replies (1) | Respond to of 3203
 
Floydie, I did not give you news on insider sales. You made that up like the rest of your numbers. Many of those shorts you report have covered and reshorted, so the number of current outstanding shorts is well below that number. And, if all the big short squeeze produced yesterday was 1/2 point, I'd say it's time for you to find another stock to manipulate and hype.

Oh, you still have answered my question of whether you would hold on to your KTEL stock for 6 months. Once you get beyond the internet craze, which will be soon, KTEL fundamentally is still a crappy company.

* losses, losses, losses

* uncompetitive prices

* new, better, and better financed competitors everyday

* multiple lawsuits

* NASDAQ delisting warning

* weeks since NASDAQ warning and no investors to bail them out

Now, what is it fundamentally you like about the stock?

Brent



To: StockDung who wrote (2966)12/2/1998 8:15:00 AM
From: Brentsky  Respond to of 3203
 
Floydie, you watching Cramer on CNBC talking about fraudunet?

He says it's the biggest hype he's ever seen. Most of these stocks are worthless (especially the one's claiming to be internet stocks lol). Hey, haven't some of us been saying that for awhile now?

He's says it's arson; that everybody is gonna get burned. He may have a good point.

Brent