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To: tfk who wrote (722)2/9/1999 2:21:00 AM
From: Sanjay Varma  Respond to of 2902
 
OT - mp3 stocks.

I bought DIMD today. In addition to the Rio player, they have launched the RioPort website to facilitate legal mp3 downloads. They describe a business strategy in which the Rio player is the Razor, and the MP3 downloads are the blades.

I am seriously down on GDNO, simply because they are a billboard stock, with no revenue to speak of. Still, they have made good deals and could enjoy a large run. They're up 50% in the past week.

I am waiting for MP3.com to IPO, which could happen this summer. But I'm sure that IPO will be very expensive to buy in on.

Do you have any picks?
-Sanjay