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Technology Stocks : CDNow (CDNW)

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To: the Druid who wrote (1121)4/26/1999 1:51:00 PM
From: American Spirit  Read Replies (1) of 1465
 
Time Warner has announced they are buying into CDNW is some shape or form. But then the Universal deal was announced. Now they need CDNW. True we don't know what will happen and I'm trying like hell to get harder info. In the meantime I have a good feeling about CDNW, it has little downside, and it is a speculative buy. Certainly when good news hits the wires it will be too late to get it in the low-mid teens. Any announcement of a serious alliance or buy-out possibility will send CDNW back into the 20's. I like it and I bought it at these levels. Hoping for a 50-100% return short-medium term.
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