SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : CDWI CD Warehouse

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Jason Albert who wrote (69)6/24/1998 3:39:00 PM
From: Art  Read Replies (1) of 550
 
Stock price and volume up today. No news. Perhaps a prelude to an analyst buy report? It is rumored that analysts are preparing reports on the company. But no news yet.

Appears that the recent acquisition of GBIZ's subsidiary, Disc-go-round" is settlement of a lawsuit that contended that the folks at GBIZ were attempting to swipe CDWI's proprietary computer program which tracks the value (and demand) of used CD titles. In any case, it made CDWI a rather large player in the retail music segment. (A segment beset by losses, except at CDWI.)

Technically, the stock is forming a solid pennant.

All these things bode well for further increases in the stock price.

Art
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext