Thanks, Trisha
Here's a remark from Sentinel on the Raging Bull board--comments anyone?:
"I would go for it simply because the rest of the
investment community probably has no idea there
is a difference between MP3 and the products
from Liquid Audio. Right now MP3 has super
brand recognition, but its days are numbered.
Tomorrow (at least according to their
spokesperson) the SDMI (Secured Digital Music
Initiative) will be putting out specifications for
future formats. MP3 will be supported until what
they call "Phase 2", after which, hand held
players will not play them. There is a tremendous
library of music out there is MP3 format, but the
record labels and major artists will stop using that
format because they cannot control the royalty
situation with it. Thus, it is doomed to eventual
mediocrity (there will always be *some* level of
musician who will use it, but not the greedy
ones!). But until that happens, the MP3 IPO
should fly at least as well as Liquid Audio, if not
more due to brand recognition. Get it if you can,
but it should not be a long term holding! Just
MHO, and I only draw pictures for a living, so
what the heck do I know?? ;-) " |
