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


To: Craig A who wrote (157)11/30/1998 4:36:00 PM
From: Robert Skinner  Respond to of 550
 
in my opinion:
among the reasons why CDWI stock closed higher today while other Internet stocks like AMZN EGGS and E Bay went down, was because of a lot of talk today on CNBC about the Fed tightening margin requirements on specific Internet stocks. CDWI to the best of my knowledge is not a marginable stock. So as a result the other Internet stocks had selling pressure due to people closing out marginal positions and others selling due to an expected decrease in demand. So the advantage wisely is CDWI not only for its higher profit margins, brick and morter outlets. but also because of its status as a non-marginal stock on the NASDAQ.
Best to all
Bob



To: Craig A who wrote (157)11/30/1998 4:36:00 PM
From: Craig Rogers  Read Replies (1) | Respond to of 550
 
Closed up today. Amazing considering the blood bath the others just took.

Craig