dabadabadoo,
>CDNow's share of the market in which it operates, is low, as are >those of Time Warner and Sony, it added.
I guess one can look at this in a couple of ways. The first, which seems to be the Street's current take, is that low share is bad for now. Thus the drop. If one has faith in the company, this is a buying op, because current low share doesn't mean future low share. Thanks, EC.
Me? I dunno. I'm slightly inclined towards the latter scenario, but I'm not buying yet. And I'm glad I got called out Friday; it was a good little hedge play.
Cheers, Tuck |
