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Technology Stocks : CDNow (CDNW)
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To: mammoth who wrote (429)12/22/1998 12:26:00 PM
From: Mr. Miller   of 1465
 
I agree totally.

It is information that needs to be confirmed, but that Time Warner division would want to get its hands into the internet. If this deal is for real and happens, then a major infusion of money as well as an unbelievable increase in advertising would come the way of CDNW. Amazon would face major competition then. CDNW/NTKI backed by Time Warner would be pretty hard to keep down.

This is the type of thing we will see more of in the internet sector. I saw Sprint buy into ELNK for example, and what it indicates is that onland entities will just buy into the best of the online world to get their hands into it without having to start from scratch. Let the little guys duke it out, then buy into or buy out the leaders.

Miller
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