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Technology Stocks : CDNow (CDNW)

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To: dr.putty who wrote (1419)12/22/1999 7:25:00 AM
From: Nimbus  Read Replies (1) of 1465
 
TW/Sony

I think this is just what the doctor ordered. It is natural for people to sell on uncertainty, but in the longer run, this will be the key to staying alive and growing. CDNW now has access to the 2 deepest libraries and they get these at "cost." And competitors will have less access. I think as the world gets internet/e-commerce crazy, the TW/Sony reach will allow CDNW to lead in music sales, and the multilingual strategy of the website will allow hispanics, japanese, and other big spenders to order 24/7 from CDNW.

I'm optimistic and patient ... it usually works.
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