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Technology Stocks : CDNow (CDNW)

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To: KevinThompson who wrote (1067)4/15/1999 1:00:00 PM
From: American Spirit  Read Replies (1) of 1465
 
Something's cooking here! Of course CDNW was already beaten down but someone's buying bigtime on a down-down day when all the other nets are weak. I read Time Warner's CEO denied needing to takeover any net companies. Why the denial in public? To keep the price low? Last time I heard such a denial was my first stock buy ten years ago when Ted Turner declared publicly he had no interest in buying MGM. My lawyers represented MGM and were busy all day. I bought and it went up 80% the next day. Turner did buy. Hmmm. CDNW being taken over? I'm tempted to clear some cash but I'm not selling.
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