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To: Kevin McKenzie who wrote (9887)11/11/1998 9:07:00 AM
From: hoffy  Read Replies (2) | Respond to of 119973
 
The CEO of NTKI did very well today on CNBC. Sometimes they can shoot a company down but not this time.
The biggest thing said was a questioned posed by the host about the two comapnies having no cash and will you have to come back to the market again i.e. issue more shares. The response was that they are looking at the business model of the two companies (NTKI and CDNW) but that they will be cash flow positive sooner than most people think so the cash posotion may take care of itself. Even the Host was stunned by that and didn't know how to respond. He just said HMMMM. He was looking for a yes we have no cash and will be issuing more shares. No Dice.
Also other things mentioned were that they have the largest customer base for online music. They have a great return business. People are loyal to their sites.

Looks very good for them.
With the heavy short position in CDNW we might get a nice squeeze here. maybe even KTEL like



To: Kevin McKenzie who wrote (9887)11/11/1998 9:09:00 AM
From: crimson  Read Replies (1) | Respond to of 119973
 
I hope you didn't think I was trying to put you in your place...wasn't the case...

One point though....Auctions at EBAY are open for so much longer than ONSL...Typical Auctions at ONSL is two days -vs- 7 days at EBAY...

I agree with everything else you say!