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Technology Stocks : CDNow (CDNW)
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To: JEM who wrote (639)1/21/1999 9:24:00 AM
From: Kip518  Read Replies (1) of 1465
 
This rumor has all the marking of a bs attempt to make a better exit from a sinking stock. Walk carefully here. If CDNW doesn't quickly break yesterday high of 22 25/32, don't wait around. NUTZ are starting to crack and a vague rumor is not enough to reverse CDNW's down trend.

The timing of a TW buyout of CDNW doesn't make a lot of sense right now. It is not up for graps (no other buyers on the horizon), the merger with NTKI is a big complication. TW is better off just to wait. CDNW's stock price isn't going to be a lot higher. A better rumor is that TW will buy LCOS. That's a real mouthful and would certainly make them forget about CDNW.
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