SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : K-Tel (KTEL) Have the cheesy '70s records come to an end? -- Ignore unavailable to you. Want to Upgrade?


To: Bob Trocchi who wrote (3117)2/4/1999 2:10:00 PM
From: re3  Read Replies (1) | Respond to of 3203
 
fundamentals ? technicals ? this is bizarro street not wallstreet anyway now...

I am curious, however, WHY you are short ktel, is it to make money or does its performance offend your sensibilities. I am not picking on you, rather, I have felt the same about amzn, think its a pos...so I buy OTM puts and watch my $ go down the toilet...

p/e's fundamentals, yada yada seem to mean nothing, till one day it "down comes baby cradle and all". Meanwhile, in bizarro world, one of these fine days, this baby will spike up and I'll bail...

sing along with me "down will come baby..."

good luck

Howard




To: Bob Trocchi who wrote (3117)2/10/1999 3:55:00 PM
From: Bob Trocchi  Read Replies (1) | Respond to of 3203
 
To All:

Earnings for December Q.

biz.yahoo.com

Sales: $21 vs $23m last yr. Down 9%
Earnings: -$2M vs +.438 last yr. Down $2.4M
EPS: -0.23/sh vs +0.11 last yr. Down 0.34/sh.

Hmm, December Q included big Christmas sales, Selling over the Internet should boost sales and lower costs! Sounds like a great stock to buy!!

Still short and finally ahead. After shorting at 10 1/2 and watching it go skyrocket quickly to 32, I am glad I did not panic and believed in fundamentals. I know I still may lose on this one but for know I am still a believer that it will sink a lot more.

Bob T.