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Gold/Mining/Energy : Signature Brands Ltd.: (SBX:TSE) SGNTF -- Ignore unavailable to you. Want to Upgrade?


To: TERRY McCartan who wrote (689)7/5/1999 9:38:00 AM
From: Syncrude  Read Replies (1) | Respond to of 776
 
Hi Terry,

I sold out a little while ago. I think that until the share consolidation is completed and that investors know what the mix between brick and mortar sales versus e-commerce sales might be, the share price is likely to move sideways and may perhaps weaken, since SBX will only hold 8.5% of the combined entity. The key question, is will the company make money, how much and when.

MP3 downloads remain a threat as are the increasing sources of supply of CDs through e-commerce.