From Raging Bull:
Cool Entertainment [CULE] is about ready to launch their new website. The initial phase will include the free e-mail and a coordinated contest with entertainment based prizes. You can go to the website and register for info: coolent.com The feeling is that it should occur around the 15th of July. Active message boards at SI and Raging Bull.
The stock has been looking stronger lately and with news coming any day I would expect it to react positively as it has done in the past. With no news releases over the last month and a half, the stock has consolidated as I'm sure impatient investors have left.
Rumors have been circulating regarding some sort of deal with IBM [IBM]. I can't figure if that would be to provide the e-commerce back office stuff or what. I have heard all kinds of things from being involved in the digital download of music to providing data bases. If any of these pan out it could be of great benefit to the stock price IMO.
I would suggest that after doing some DD, one should keep an eye on the volume. Anything over 100,000 shares would be greater than average daily volume and consistent trading in those volumes would be bullish.
The following has been extracted from the website: DVDs
DVDs are one of the newest forms of home-entertainment products available, providing high quality digital technology (and more price-competitive than laser disk technology). Cool's website will have a comprehensive list of DVD movie titles available for direct online purchase.
Videos
All existing and new movie titles from Universal Studios, Columbia Pictures, Tristar, MGM [MGM] or basically, any movie you can find at your local video outlet, can be purchased through the website.
Music CDs
Similarly, any music CD published through any major North American or worldwide music label will be available for online purchase.
Books
Books published through most major publishing companies throughout the world will be accessible through Cool, including new releases and older titles.
Online Magazines
Cool will host a number of online entertainment magazines with feature stories, news briefs on the stars, the latest gossip.
Free Emails
Cool email addresses will be given to all and anyone who want one. Email accounts will be accessible from any location worldwide with an individual private password.
Software
Cool will be able to offer over 1000,000 titles through direct download from the site.
Chat Rooms
Online chat rooms will also be targeting a number of newsgroups and fan clubs, and interactive celebrity interviews.
Book Reviews
Book Reviews section, covering new releases on a wide range of subjects. From entertainment to politics to sports, from fact to fiction. Commentary and debate on reviews will also be invited for discussion in chat rooms.
Cool has recently announced partnerships with Digitial River [DRIV], Muze and Valley Media [VMIX]. MP3 is also planned when available. |
