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Technology Stocks : CDNow (CDNW) -- Ignore unavailable to you. Want to Upgrade?

To: LTK007 who wrote (649)	1/21/1999 2:31:00 PM
From: Pennyslayer	Respond to of 1465

I just found this site, stock dogs.com This is one of the reasons for the run-up in price. They pump up a stock then sell a few days later. stock-dogs.com look under MM assasin.

To: LTK007 who wrote (649)	1/21/1999 10:26:00 PM
From: ----------	Read Replies (1) \| Respond to of 1465

Your question is a good one. I phrased my post poorly. The exchange asks TWX "There is a rumor circulating that you are going to buy CDNW. Have you consumated an agreement with CDNW?" TWX replied: "We do not comment on rumors." In other words, no there is no "done deal". IF there were a deal completed and the word was leaking out, TWX would be obligated to announce it so all investors had the same information. Could TWX & CDNW be talking? Yes. As long as they were discussing the possibility of a merger, a joint venture, a contract, or anything else their response was perfectly legal & appropriate. My intent was to question a previous post here to the effect that "the deal could be announced as early as tomorrow." To me, that implies there is a deal, it's completed and the only thing left is deciding when to announce it. The company's response indicated there is no deal to announce. After their merger with AHP collapsed, MTC stated that they would continue to pursue merger possibilities. If I owned the stock & I rather strongly implied a deal was done & the announcement was imminent, IMO that would be self-serving and inaccurate. (I don't own MTC nor do I know of any deal). I've always enjoyed reading/posting here on S.I. . IMO it is a great place to exchange ideas, opinions and facts. The vast majority of folks here seem to be very sincere. Personally, I'd be dissappointed to see it degenerate into a "hot! hot! hot!" rumor mill. Regards, Doug