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Well I'll make this thread if nobody else will. Even after the HUGE runup today, the companies market cap is still dwarfed by CD Now and N2K, plus who hasn't heard of their brand name. Sounds like they will sell 250k titles, expanding their limited 'best of the' series of records. I would expect a pullback after today, but valuations suggest this one goes much higher, or else the competition comes back down to earth... With this type of stock reaction, should we expect every record retailer to go public and then go online? |