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Non-Tech : CDWI CD Warehouse -- Ignore unavailable to you. Want to Upgrade?


To: Art who wrote (54)5/11/1998 10:11:00 PM
From: Ron Kline  Read Replies (1) | Respond to of 550
 
Thanks for all your research Art. As I've said earlier I do not have a CDWI near me so it's really nice to see peoples comments. I did go to a store in my area that has the same concept of a CD Warehouse but only have 2 stores. I talked with the manager and he said that this year has been the best they have done in years. He said many people have neglected to buy CD's in the last year and they are really getting back into turning in old stuff and upgrading their libraries. What they do to get more new CD purchases is to give you more money on trades of used CD's if you buy a new CD they have. It seems to work because people tend to want to apply the extra money for a new CD. I think that CDWI would benefit from this and have more of a chance to keep the cash they give out back into the store. Anyway that's all I have from what I've seen around here. The good news is that the market right now is very good and most CD shops are going to benefit from what I'm seeing. With the fiscal responsibility of CDWI I think it's a good time to own the company. It's still a very small company so as they expand you should see quite a boost in the companies profits.
Ron