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To: Tim Luke who wrote (26033)12/10/1998 9:19:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 119973
 
Thursday December 10, 8:59 pm Eastern Time
CD Warehouse to launch site for used CDs-BusWeek
NEW YORK, Dec 10 (Reuters) - CD Warehouse (Nasdaq:CDWI - news) is about to launch a web site to sell used CDs on the Internet in time for the holidays, with help from its joint venture partner IBM Corp., BusinessWeek reported in its December 21 issue.

The site will integrate IBM's services, such as Net.Commerce server, with CD Warehouse's existing business.

Some analysts expect that CD Warehouse will earn $0.30 to $0.40 per share in 1998, excluding earnings from Internet sales, the magazine reported.

The company's stock closed at 23-5/8 Thursday, up 2-1/4 on the day