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   Technology StocksK-Tel (KTEL) Have the cheesy '70s records come to an end?


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To: Louis Riley who wrote (2637)11/13/1998 10:35:00 AM
From: Doug Fowler
   of 3203
 
Louis:

You must admit, you got very lucky on that one. One more day, and you'd have been caught with your pants down big time.

I considered shorting this pig a few weeks ago when it jumped to the $14 level. Thank goodness I didn't, or I'd have had a heart attack by now.

I wish EWBX were shortable right now.

The insanity with these Internet stocks right now is amazing.

I think eBay is the best company of the whole lot, but there is NO WAY I would buy it at these levels.

Stocks like KTEL and EWBX are just pure garbage.

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To: Tom Hua who wrote (2639)11/13/1998 10:45:00 AM
From: Pravda
   of 3203
 
Would the last short out please turn off the lights?

Pravda

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To: Mike M who wrote (2638)11/13/1998 1:34:00 PM
From: Hungry Investor
   of 3203
 
Mike,

Also short...to be covering very soon. I'm doing very well on this one and I make great returns by not getting greedy.

Scott.

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To: MR. PANAMA (I am a PLAYER) who wrote (2640)11/13/1998 1:42:00 PM
From: PaperChase
   of 3203
 
Grim, you gotta be kiddin me. Only MU has turned in worst financial performance than this hype job. At least MU has Intel to keep it going. This bow wow has nothing.

Don't get caught with your pants down around this KTEL hype job. If you lose your money then all those chicks of yours will be looking for other studleys who listen to music that isn't 20 years old.<G>

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To: Brentsky who wrote (2641)11/13/1998 2:08:00 PM
From: MR. PANAMA (I am a PLAYER)
   of 3203
 
Brent...don't always believe my targets ...hahahaha hahaha I have sinned...did not buy at 23 ...hahaha

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To: PaperChase who wrote (2646)11/13/1998 2:10:00 PM
From: MR. PANAMA (I am a PLAYER)
   of 3203
 
I have FRESHER NET stocks to play....KTEL is on da burner fer awhile....what do you tink I am watchin KTEL or Globe.com today....

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To: MR. PANAMA (I am a PLAYER) who wrote (2648)11/13/1998 2:27:00 PM
From: Winter
   of 3203
 
From Briefing.com 14:00 ET ******

K-TEL INTERNATIONAL INC. (KTEL) 21 3/8 -6 5/8. It looks like despite the various spins this marketer and distributor of music albums, compact discs, and cassettes has issued during the
past several months, it just can't grow earnings on a consistent fashion. To its credit, K-tel has managed to boost its stock price through carefully worded press releases announcing the latest and
greatest marketing and distribution association with some major market players. This week alone, it has issued two well publicized e-commerce releases that have allowed the stock to surge from
last Friday's close of $10 5/16 to a week high of $32 5/8 on Wednesday. While, under most circumstances, investors should know that press releases don't amount to much unless they translate into
sales and earnings, with the momentum game back in full bloom, investors have been quick to jump on the stock before fully reading the latest company promotion. A sobering fact, however, is that
the company lost money in the period ended in September as revenues plunged 28% due to the curtailment of its third-party media-buying operations. This is not a very good way to start the new fiscal
year as in three of the past four years, K-tel has lost money while revenues only grew by 13.4% in fiscal 1998 after lagging in the mid-single digits the prior three years. Not exactly a trail-blazer, but
then again, most investors knew that before getting into the stock and paying a significant premium to be part of the momentum game right? No need to point out that the stock is off more than 23%
today on the disappointing earnings report. Then again, you can almost count on the company issuing another e-commerce deal soon enough that should get investors salivating all over gain. Plavov
could not get his dog to do better tricks than K-tel can from investors who just keep lapping up the stock on command.

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To: Winter who wrote (2649)11/13/1998 4:12:00 PM
From: MR. PANAMA (I am a PLAYER)
   of 3203
 
What a week guys.....have a good weekend ....GRIM

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To: MR. PANAMA (I am a PLAYER) who wrote (2650)11/13/1998 4:43:00 PM
From: William Harvey
   of 3203
 
Down another point and a half in after hours trading.

WH

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To: William Harvey who wrote (2651)11/13/1998 8:42:00 PM
From: Lionel Parker Perkins III
   of 3203
 
AAAAARRRRRRRRR. This is getting on my nerves. I still had a few shares from last week that I was short. Dumb me, I got busy last Friday and didn't cover over the weekend. I want to short some more to average my price up. I can't get the shares and this thing is falling like a dead cat. Talk about pulling out hair. AAAAAAAAAARRRRRRRR

Still Short at 16

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