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Technology Stocks : MPPP - MP3.com -- Ignore unavailable to you. Want to Upgrade?


To: S.C. Barnard who wrote (449)7/27/1999 9:24:00 PM
From: Urlman  Read Replies (1) | Respond to of 1116
 
well personally I would vote for Live365.com that company is moving fast.

Url
killpopradio.com



To: S.C. Barnard who wrote (449)7/27/1999 9:30:00 PM
From: Urlman  Respond to of 1116
 
MP3 - Music Business -- Last week, the music industry announced its standard for encoding downloadable music. It's called SDMI - for Secure Digital Music Initiative - and it's a response to the explosion of MP3 sites. Those are those pesky creations of music fans - postings of their favorite CD tracks, concert bootlegs or radio broadcasts - up on the Web for anyone to download for free. It's the "for free" part to which the industry - and some artists - object. So SDMI is meant to make sure that only those who pay can play. NPR's Rick Karr caught up with musicians and industry reps at Plug In - a digital music conference in New York this week - and prepared a report. (7:45)

npr.org



To: S.C. Barnard who wrote (449)7/29/1999 2:44:00 PM
From: Kashish King  Read Replies (1) | Respond to of 1116
 
Good point about having an artificially and completely unjustifiable stock price: you can start picking off companies left and right with real value. It's sort of self-fulfilling strategy. PROBLEM #1: stock tanks and acquisition strategy starts to fade. PROBLEM #2: lack of an ultra-powerful acquisition strategy causes stock to tank further. Sort of a self-destruct strategy.

MPPP has done very well and I strongly believe they will maintain a price above their initial, initial public offering price: $8. That's probably fair value until the company proves itself and I honestly believe they will. They were honest with themselves when they set their original IPO price and things have gone extremely well since them. In the long run, this return to normalcy (we're not there yet) is going to be good for the company.