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Technology Stocks : CDNow (CDNW)
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To: Howard Feinstein who wrote (1365)7/13/1999 12:01:00 PM
From: Nimbus   of 1465
 
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Very good chance it will close higher today. Institutions are stepping in to this "safer" internet play this PM. With TW and SONY backing, we get CH's $100M of earnings, the new CDNW entity will be years ahead of where it would have been alone. Marketing costs and CD costs will drop accordingly too, only helping further. This is almost all positive. I'm only worried the new big gorilla not being able to be as light on their feet as they have been.
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