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Technology Stocks : CDNow (CDNW)

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To: Mark Dawood who wrote (1220)	5/5/1999 6:07:00 PM
From: Furry Otter	of 1465

Incorrect. "The First Call consensus estimate for CDnow sales for the first quarter are $21.3 million. The figure includes two weeks of N2K sales. CDnow sold $38 million in the fourth quarter, according to Friedman Billings & Ramsey's Rob Martin. CDnow is scheduled to report its first-quarter results on May 5. Analysts surveyed by First Call are looking for a $1.03 per share loss vs. a 78-cent loss a year ago. Friedman Billings & Ramsey is looking for a $1.10 per share loss." Check it out for yourself: cbs.marketwatch.com o&dist=yhoo With a report of a rev. figure of (.90), and reevnues at $22.8 million, it looks to me like CDNW beat the street by 13 cents, and beat 1Q revenues by 1.5 million. Or, roughly 6-7%. Watch for a gap up tomorrow Best regards, Otter --------------------------------------------------------------------------------

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