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Technology Stocks : CDNow (CDNW)

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To: Jym who wrote (1322)6/22/1999 11:49:00 AM
From: Nimbus  Read Replies (1) of 1465
 
Yes,

Luckily I have riden 3 up waves for profits thus far. A great trading stock. The big jump is coming, first with news about equity share by the likes of TWX (very soon), and then wave after wave of impressive sales numbers.

If you watch MTV, CDNW is targeting 12-40 year olds with cool ads. The young gen likes music, they spend on music, and are comfortable with the internet. Hook the next gen and ride the wave ... a great strategy. Earnings are secondary ... must become a brand name first. That is what they are doing, and with a hot site which gamers need to stay interested.

Amazon can sell their books to the 40-80 year olds ... give me CDNW.

Patience as always.
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