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Technology Stocks : CDNow (CDNW)
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To: Rommy B. who wrote (1209)5/4/1999 4:45:00 PM
From: American Spirit  Read Replies (3) of 1465
 
The important thing has always been the NEWS which we have none of now. I have cautious faith that there's going to be a deal soon. So I sold 1/4 at 19 1/2 and will hold the rest. Also will be buying if it dips further to say about 17 1/2 if it goes that low. Even a major alliance deal (instead of a takeover) should keep CDNW at around that level or better. A net rally would also help and we're getting overdue one. We can get the 3-4 points back very quickly, plus a lot more once positive news hits the wires. Got my fingers crossed.
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