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Microcap & Penny Stocks : Compact Connection (TSIG) - The next CDNW? -- Ignore unavailable to you. Want to Upgrade?

To: StkProfit$ who wrote (461)	7/27/1998 11:12:00 AM
From: Jsolo	Read Replies (1) \| Respond to of 1574

From Briefing.com 10:36 ET N2K Inc. (NTKI) 16 1/4 -1 3/8: Adams Harkness lowers estimates on online music retailer due to higher expense levels; recent deals with InfoSeek and Ticketmaster causes the level of amortized sales and marketing to rise from $4.9 mln posted in Q2 to $7.3 mln in Q3 and $7.5 mln in successive periods; maintains "attractive rating, but lowers FY98 EPS estimates from $loss of $4.46 to loss of $4.75 and FY99 from loss of $2.17 to loss of $4.20 a share. 10:32 ET CDnow Inc (CDNW) 19 1/4 -1 3/8: Online music retailer reduces amount of secondary offering. Cuts offering to 1.25 million shares plus an overallotment of up to 199,500 shares. In May, company filed to offer 2.5 mln shares plus an overallotment of up to 375,000 additional shares.