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Strategies & Market Trends : Rande Is . . . HOME

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To: Softechie who wrote (41346)11/15/2000 9:37:57 AM
From: Rande Is  Read Replies (1) of 57584
 
You guys know I always like MPPP on the SHORT side whenever it pops. The deals with the 5 companies basically gave away the store and destroyed their original business model. I don't care how much their legal fees cost them. . .or that they will have more money than was expected. They will blow through that quickly. But the important consideration is that they will not have the same business model moving forward. They now must pay royalties to the major labels for every use of the music. This means they MUST charge their customers for any music they do not already own. This makes them no different than any of the other music companies, IMO. So I like them short here above 6 1/4.
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