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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 (3018)12/4/1998 1:52:00 PM
From: Brentsky  Respond to of 3203
 
Give it up Zax!! Internet stock hype days are over!

KTEL is in 13's, down from 39. It's never gonna see that number again. The only reason stock isn't lower is because the shorts know KTEL has bad news ahead with earnings, delisting,and lawsuits and they're willing to wait until it hits low single digits.

Brent



To: zax who wrote (3018)12/4/1998 2:18:00 PM
From: Rich Dee  Respond to of 3203
 
This company is horrible! Quit fooling yourself and wasting time holding this worthless stock.

A leg up on the competition? Man, you are delirious! Keep believing in a future run up. If there is any near-term strength in KTEL I would suggest to sell all you have and move on to a much better investment.

This stock will be trading in the low single digits in the near future.



To: zax who wrote (3018)12/4/1998 3:18:00 PM
From: Spider Valdez  Read Replies (2) | Respond to of 3203
 
eric i watch this stock closely & i call several brokerages looking to see if i can find shares to short. all tell me no. in fact each tell me "forget it". very large short in ktel. i do not believe ktel is a 'investment' stock at this time but i am convinced when lawsuit amounts to nothing & we have some positive news it will be time for all shorts to sweat. i feel aznt is good trading stock in terms of possible squeeze again.
spider



To: zax who wrote (3018)12/4/1998 6:25:00 PM
From: re3  Respond to of 3203
 
Hi Zax. I checked out the web site thouroughly...
1) the compilations offer very little. These tunes are old hat and I can easily get this stuff for 10 $ canadian, or under...I'd love to do my own compilations of 70's music, but the choice is very limited.
2) cd's cost too much. I get get a ton of greatest hits here for 10 Cdn. Ktel cannot or will not compete with that pricing...
3) I don't recall you commenting on the nasdaq delisting...
4) Having said all that, a short squeeze may well occur, but how many does one stock have. Perhaps two is a lot for this sort of thing.

Howard