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Technology Stocks : Diamond Multimedia

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To: Jay Fisk who wrote (4343)4/29/1999 10:16:00 AM
From: Matt Kaarlela  Read Replies (1) of 4679
 
Anyone interested in DIMD should read the link Jay posted

Here is a teaser:
"We think that this whole industry is going to undergo a quick change that will shift the way we listen to music," said Dave Arland,
spokesman for Thomson's U.S.-based subsidiary Thomson Consumer Electronics Inc. "MP3-playing car audio, stereos, and TV
set-tops are all possibilities."

I'll throw in my .02: When artists realize that charging $4-5 for folks to download a CD worth of music from an internet download site makes them more money than the $1.00 they might end up getting from the big music companies, MP-3 will spread like wildfire. DIMD has a good chance to be the download site and the personal MP-3 device of choice. At current prices, it is a calculated risk worth taking. jmho...
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