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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: G3 who wrote (93536)4/5/2000 10:44:00 PM
From: HandsOn  Respond to of 108040
 
With 3.5 million customers and over over 1 million buyers surpassing AMZN in Feb., CDNW will not fade away. SNE/TWX paid 8 3/4 for approx. 2.43 million shares when CDNW pulled out of the merger due to Columbia House's debt laden balance sheet. They will get a buyout at a good premium from here or at least a cash infusion from a big partner like MTV or Bertlesmann maybe. Barron's and the street are crucifying CDNW, but it is not a PPOD. They have strong affiliates and a global client base. They have a decent board but CEO Jason Olim will be ousted by new management.