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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 (2976)12/2/1998 12:38:00 PM
From: Brentsky  Respond to of 3203
 
Zax, sounds nice, but how come sales keep going down?

Maybe marketing hype is all they are good at?

Brent

P.S. Eric, you watching all the MMs dumping huge blocks of KTEl, three 50K blocks, 65K, etc., etc. Is Kieves selling the rest of his shares?



To: zax who wrote (2976)12/2/1998 1:05:00 PM
From: StockDung  Read Replies (2) | Respond to of 3203
 
ktel.com is getting me hard. They should sell millions with those covers. Or should I say no covers or should I say short covers.

ktel rocks..

floyd



To: zax who wrote (2976)12/2/1998 1:33:00 PM
From: Winter  Respond to of 3203
 
>KTEL is selling videos at present from their web site. Comments like yours here were commonly said about Amazon.com when it was only selling books and was trading at less than a fifth of its present valuation.

Fair enough but KTEL has to follow through (notice that Amazon has). Everything I've read has stated that their internet sales just arent there. You have to do more than offer products - you have to sell them. And there is still competition in every area KTEL enters. Again what differentiates KTEL from other sites?

>In fact, I can remember when people said K-tel only had a few private catalog CDs to sell... before they surprised everyone with their incredible Billboard marketing deal.

I just tried ordering a random billboard top 40 CD from KTEL - the total price was $17.77. The same CD at CDNOW is 14.88 (both include shipping). I'm sorry but that is a big difference. Who is going to be ordering from KTEL?

>Note also that the exclusivity agreements that Amazon.com has signed are in general as the "bookseller" on a particular site, which does not preclude KTEL from negotiating record sales agreements with many volume sites that Amazon shareholders naively consider to be "locked up".

These deals cost money. What happens when KTEL can't make the monthly payments to Microsoft and Playboy? Where is the money going to come from to get banners on these other sites?

>This company never ceases me with their innovative means of marketing and making the K-tel stock pundits look foolish.

Do you really feel that strongly about this company? I just can't believe anyone thinks this is such a sure thing. Given its current state I think the odds are slim that it ever will be a big player. Its best hope is a buyout but with its current problems I don't see that as likely.

I disagree with those that say the class action lawsuits have no merit - witholding the material fact of the pending nasdaq delisting for such a long time is a serious violation. The company is required to disseminate such information in a timely manner which it failed to do.

>Coming from someone who stated in May that it was crazy to believe the K-tel stock might have a run-up on positive news (which we all now know it sure did), your track record on predicting this stock isn't looking so good.

I'm not going to even look back at my early posts to see what you're dredging up; I'm certain I could find 6 month old posts from you and take them out of context too for a similar cheap shot.

I've been short a long time on KTEL and I'm comfortably in the black. The stock volatility is caused by the small float, the large short position and by momentum traders. Sooner or later KTEL needs to start generating serious net revenues, issuing press releases only works for so long.

Cheers