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


To: HerbVic who wrote (536)3/15/1999 2:37:00 PM
From: Professor Dotcomm  Respond to of 550
 
CDWI seems to be in like Flynn in the used CD market. Other companies are far behind it. Also unlike Amazon it can control its cost prices in many cases since it can sell its own refurbished budget CDs on its website.

I have tried to come up with a legitimate peer group member to CDWI. The best I have come up with so far (with comparable revenues, earnings, market cap and p/e) is a company doing the same as CDWI but in budget video games (which it buys from the dealers and owners and refurbishes) on the Nintendo, Sony or Sega platforms.

Games Trader Inc (GTR on the Toronto Stock Exchange) is about $2 per share but has eight times the shares outstanding. If GTR can emulate CDWI with its own interactive website, it may well be worth looking into.

Dotcomm



To: HerbVic who wrote (536)3/19/1999 11:07:00 AM
From: Professor Dotcomm  Read Replies (1) | Respond to of 550
 
Apparently yesterday CDWI have just come out with their annual report. Have you seen a copy yet?

Dotcomm