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Technology Stocks : CDNow (CDNW)

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To: Fernando Saldanha who wrote (395)	12/16/1998 8:18:00 PM
From: Mr. Miller	Read Replies (1) of 1465

Someone needs to up the target price for CDNW. What possessed Oppenheimer to risk their credibility and place a ridiculous target of $400 for AMZN is beyond me, but if AMZN has a target of $20+ billion in market cap with their revenues, we should be a $500 company right now too with our dominance in the online music sales arena. That price gives us a "measly" $8.5 billion in market cap. Amazing disparities in this sector. I can only think that CDNW is going to do unbelievable sales this quarter(like $40 or $50 million) which will be the catalyst to rocket the stock to very high levels. Miller

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