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Technology Stocks : Nimbus CD International

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To: Carmine Cammarosano who wrote (1298)1/6/1998 9:32:00 AM
From: Jim Fraser  Read Replies (1) of 1673
 
I don't think so. I think the year-end selling pressure is done, people are back from the holiday, and the only pressure that is left is to the upside. Also over the last few weeks NMBS has had a couple press releases that indicate a positive (better than expected qtr, I heard today that should be about 25-30% above expectations) and the 1st qrt should be pretty good as well). Further DVD momentum seems to be picking up: Number of titles, sales, media hype, DVD-ROM drives...

BTW, I have seen the NIMBUS insignia on many DVDs and CDROMs recently. (All of the Disney DVDs I have seen contain that logo, as well as the popular children CD-ROMs "jumpstart Pre-school, Kindengarded, 1st grade...ect")

I am writting an email to the company in an effort to get them to publish, on their web site, the titles that they are producing...Don't know what will come of it but I will post any feedback.

Jim
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