Jim,
I think that even while the stock is up this high on "rumors circulating" that this stock is HIGHLY undervalued when you compare it to its competitors. Its revenue growth is surging (last report I saw).
I have liked the stock ever since Lola brought it to my attention a while back when it was like 12 or so. This stock easily has the capability to reach 50+ this year, IMO. This is not a price target, because I don't own the stock, but when you compare it, it has a lot of nice features that other companies in the sector don't. As I recall, I think that they got rave reviews on their Customer Service (check me on that one)
It definitely could run for a while, much like the BCST did when Yhoo was in the picture. TWX or Sony would make the best candidates in my opinion. I think that just like MSFT was slow getting to the Internet, these CD companies might be the same way. With an established channel like CDNW has, it would be an easy medium to use to increase their companies "promotions of their CD's" and help create a very good and effecient "extranet" for distribution to its customers. It would cut down on the middleman in between. Of course, it would all have to be developed, but this is definitely a possiblity. (That was a lot...Am I clear?)
My next post is going to make some of you laugh! LOL...Watch.
FM |
