GDNO - Goodnoise, the next KTEL? Message Board

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Technology Stocks : GDNO - Goodnoise, the next KTEL?

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To: musicmind who wrote (87)	2/13/1999 7:40:00 AM
From: The Prophet	Read Replies (2) of 158

Agreed, but: Online bookstores have no exclusive content. They have no exclusive technology. Anyone can secure and sell the books they are selling, including the well positioned booksellers. "It" was a pure hype play. The CEO was a young guy with little bookstore experience. Serious booksellers were gearing up. Yet... Amazon.com. Quod Erat Demonstrandum. By the way, in my view, the domain name emusic is worth at least $150 million, the current value of GDNO's stock, so I think it's a no lose long term. Emusic could be a site to buy and sell music (like ebay); to buy retail (like AMZN, CD Now, etc.); to listen to music (like BCST); and to develop music. The possibility of hype of such a website (and possibly a spinoff IPO by GDNO) makes it all the more enticing.

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