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Technology Stocks : EMUSIC (EMUS) The Future is Here
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To: zoozzy who wrote (78)10/30/2000 9:36:40 AM
From: jelrod3  Read Replies (1) of 90
 
Yep. Although I'm so far underwater that the gurgling noise makes it difficult for me to think straight, I still believe in the prospects for this company. If anyone paid close attention to the last earnings report, EMUS reported some excellent numbers. The move to provide a subscription based model seems promising. Their cash position is such that they can make it at least 12 and probably 18 months without having to tap the capital markets. More deals like the HP deal should be on the way (and they have not even started recognizing the $3 million in revs that the HP deal alone will bring in this fy). My bet is that at these levels, insiders have got to be buyers of the stock. And lastly, EMUS does not have any of the legal problems and hassels that Napster and MPPP have faced or are facing (albeit MPPP is paying out large sums to resolve their problems). EMUS wisely stayed "legal."
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