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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: James Strauss who wrote (2839)	4/8/1998 1:15:00 PM
From: rharris	Respond to of 29382

Jim - PNEC has already carved out that niche. It's a proven formula - they're not re-inventing the wheel. Nippon Columbia is the largest of it's kind in Japan, they could have picked anybody - but they chose PNEC! They're not trying to find the next Beatles (that's the risky business that PNEC is NOT in), what they're doing is compilations that everyone buys of their favorite artists singing their favorite songs - PNEC already owns 15,000 master albums. People love these kinds of recordings, they're not expensive therefore the volume sold is huge. PNEC is a big presence internationally and are shortly going to become much bigger......this is just the beginning..... Richard