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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?


To: Kevin Shea who wrote (31280)8/4/2000 2:46:08 PM
From: Rande Is  Read Replies (1) | Respond to of 57584
 
Thanks, Kevin. Buying LQID. Short-sellers on the analyst downgrades are losing their grip. Not enough news or sentiment to keep the stock in a downward drift. This is one we like for being undervalued in the sector. They are the leader in encrypted streaming audio. And get this, name acts are beginning to dump their traditional record contracts and the 5 to 10% of wholesale they are used to receiving per CD sold. . . . and favoring LQID, where they can name their own price. . . taking as much as 80% of retail. Do the math. . . .instead of needing to sell millions of copies of each recording in order to break even, they can suddenly hit breakeven at just a hundred-thousand or two. BIG difference. As I've said many times, I predict that one day word of the profits of direct-delivery will spread through the industry like a cancer. . . leading many older bands with loyal followings to discover Liquid Audio. . . perhaps leading to their own "re-discovery".

Rande Is