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Technology Stocks : CDNow (CDNW)

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To: Mohammad Khan who wrote (481)	12/25/1998 7:20:00 PM
From: Mr. Miller	Read Replies (1) of 1465

That is great news. More the merrier. I was watching a repeat this day on CNBC. There were two bulls of the internet market. One was from, I think Deutch Morgan Grenfell, who stated that some major media companies like Viacom and Time Warner had not gotten their teeth into the internet yet, and they needed to. I think this deal would be a great match for TWX to get involved with now before CDNW's price gets out of hand, and it will in my opinion. A simple purchase of 25% or 4 million shares at say $40 is a mere $160 million infusion. That is chump change for the media giant, and allows an instant portal into the web at a very popular site, the third most visited e-commerce site behind EBAY and AMZN. Looks like this week will be a huge week for CDNW as news on e-commerce comes out this weekend and the news about TWX continues to spread like wildfire. The comments made by each company only fanned the flames. Miller

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